Postcards: Politicians' Track Records on the Dollar... Revealed...

People keep trying to compare Democrats to Republicans on who is better in the stock market. That's a dumb comparison. Instead, focus on how much they're destroying the currency, which fuels a hedge.

Dear Fellow Expat:

We often hear debates about which political party is better for the stock market.

Motley Fool

This talking point misses a bigger point: the U.S. dollar keeps losing its buying power, no matter who's in the White House.

Think for a minute what’s actually happening here.

There’s a complete monopoly on the currency… and we’re all impacted negatively.

Before we dig into what they’ve done to their currency… let’s look at the obvious control that the Treasury Department and Federal Reserve maintain.

1. It's the Law: The U.S. dollar is the only money you must use to pay debts and taxes and buy things in the U.S. Yeah, you can barter, but they’re taxable events.

2. Only the Fed Makes Dollars: The Federal Reserve is the only group allowed to make U.S. dollars, which gives it total control over the currency supply used for buying, selling, and trading. So, if they print more of it… the money you’ve gained or wealth you’ve built over time is diluted. Oh… and it’s very illegal to burn mo…