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QVMS - Inflation Net Worth And Federal Debt Burden Updates
Invesco S&P SmallCap 600 QVM Multi-factor ETF
Inflation looks uncomfortably high, ingrained and troublesome, but net worth looks fabulous.
Gold is very expensive because investors have been buying gold in order to hedge against rising inflation.
Despite the fact that outstanding federal debt is just shy of its highest level in history relative to the size of the economy (currently about 96% of GDP), the burden of that debt is as low as it has been in many decades.