Max Yemets of How to Be Poor grew up in the Ukraine and survived a bout of hyperinflation at a young age. That experience is seared upon his memory. Ironically, the Ukraine stabilized their currency by pegging it to the dollar. Now he sees the United States heading in the same direction with no country there to backstop it. And in his first presidential election he voted Libertarian because he’s not seeing either major party getting serious about the country’s and the world’s economic issues. At least Max knows what can go wrong, unlike the rest of us who have never experienced tough times in the US.
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