Ohio School Employees adds gold as CIO warns dollar will ‘get debased further’ - Crain's Cleveland
Ohio School Employees adds gold as CIO warns dollar will ‘get debased further’ - Crain's Cleveland
Source: Crain's Cleveland
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DW NOTE
Ohio School Employees allocated to gold after its CIO concluded dollar debasement is structural policy. He's correct. The Fed holds rates at 3.75% while the deficit runs $1.9 trillion and Congress sets debt ceilings at $41.1 trillion — numbers that guarantee debasement whether officials admit it or not. Pension funds don't buy gold on vibes; they buy it when the math stops working.