What You Can Do About the US Losing Monetary Power
Again, as an individual citizen, there’s little you can do to boost America’s monetary power. However, you can hunker down a bit if the process begins. Think about all of the elements that go into the reduced monetary power of the U.S., including a slowing economy, rising inflation and falling dollar.
At times like these, you’ll have to protect your finances. Make sure you are diversified, keep your investments short-term in nature and do all you can to solidify your work situation, perhaps even taking on a side gig or additional duties at your main job. Remember that periods of economic uncertainty have always resolved themselves over time, leading to new periods of growth.
