Banks pay less than 1% interest while the dollar loses 3% of its purchasing power annually, according to Federal Reserve Chair Jerome Powell. This gap means your cash is slowly transferring wealth to real asset owners. In the 1970s, the dollar lost 50% of its value and gold jumped from $35 to over $800.
Your bank is paying you less than 1% while the dollar loses 3% a year. Powell just confirmed it. You're losing purchasing power every single month, and the number on your bank statement does not change. The dollar inside that number buys less. That's not inflation. That's a slow wealth transfer from people holding currency to people holding real assets. The same setup that played out in the 1970s when the dollar lost 50% of its purchasing power and gold went up from $35 to over $800.
