Opening Word document…
Even if inflation doesn’t directly cause collapse, it causes other economic tipping points
Green 24 (Jon Green is President, Founder, and Financial Advisor at Encompass Advisors. “What Could Happen If the US Economy Collapsed?” 1/24/2024. Accessed 6/18/2024. https://www.encompassadvisors.com/post/a-us-economic-collapse-what-could-happen) wtk
Fluctuating inflation—or price gouging, which is just as relevant—reduces purchasing power for the everyday American. It devalues portfolio value and reduces overall spending. Less spending results in a stagnant economy, leading to fewer jobs and more economic unrest.
While this may not cause collapse, it may lead to other tipping points.
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