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Old 10-27-2021 | 10:09 AM
  #56  
fcoolaiddrinker
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Originally Posted by SonicFlyer
Inflation steals wealth from people UNLESS they are investing (risking) their money. Inflation is a tax. And taxation is theft.
hard to argue with that but from a big picture going from a decade of 2-3 to potentially 3-4 or even 5 shouldn’t be a major problem. Plan accordingly. Super low interest rates punish savers and rewards debt. It Also causes some inflation as it adds liquidity. Until the supply chain issues work themselves out and the fed starts to raise rates (both should bring down inflation) it’s pretty difficult to predict where exactly inflation ends up longer term.

Last edited by fcoolaiddrinker; 10-27-2021 at 10:42 AM.
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