The proposed $5,000 βTrump Dividendβ tells me one thing: policymakers aren't ready to take their foot off the liquidity pedal.
Whether these checks actually happen isn't really the point. We're talking about potentially $1T+ being pushed back into consumers' hands while the government is already running massive deficits.
To me, the long-term message is clear: expect continued currency debasement and inflationary pressure.
That's why owning assets is becoming less optional for the average worker. You don't need to be rich or have a massive portfolio. Even consistently putting a small portion of your income into productive assets gives you exposure to the things that can appreciate as the purchasing power of cash erodes.
Earn in dollars. Save what you need. Own assets with the rest.
Cash is useful, but over the long run, sitting entirely in cash means accepting the consequences of monetary and fiscal policy.