Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
Toll Free: 888-419-7136
Secure Private Ordering
We use the latest online security processing,
so your order is safe & private.
We DO NOT disclose any customer
information to ANY third party company.
Our customer privacy is our priority.
Over 30 Years Experience
Park Avenue has over 30 years
experience buying and selling
Rare Coin and Precious Metals.
We have the knowledge and
ability to provide our customers
with the best products and services.
The 'real cure' for inflation has gone ignored, Steve Forbes says
9.28.22 - Is the Biden administration making people poor?
Gold last traded at $1,651 an ounce. Silver at $18.69 an ounce.
CNBC--Why are some experts suggesting the Biden administration is making people poor in order to combat inflation? Is it true? These experts suggest there are less destructive ways to fight inflation. Read below to see their thoughts.
"'Today, unfortunately, not only is the Biden administration putting up obstacles to deal with supply-side problems, but also the Federal Reserve and other central banks think you have to depress the economy to bring inflation down,' he said, disputing the idea that a recession is the only solution to combating inflation.
'They do it by artificially raising interest rates. So they have fewer people employed...that is not the real cure,' he said.
'The real cure is to stabilize the currency. You don't have to make people poor to conquer inflation.'"
The only objective of this administration is total control over the population and that their party is the only permanent fixture in the White House. This has been self evident viewing their tactics since day one.