Inflation is good if, your a government, or you owe money. America had little to no true inflation until 1913, the year of the Federal Reserve. Now we have lost 95% of our buying power since then. Take you annual return on investment and subtract inflation, fees, taxes and what do you have? Less purchasing power than you did when you started. Now do as Big Govt/Big Business wants you to do, and spend it. Yes, I get the theory that a little controlled inflation in modern economies can be a good thing, it allows over spending govt.s to grow their way out of debt, and I guess, it is better than spending your way out of debt, but then we still have the Fed, and even though QE3 has official ended, (a trillion dollars of un-back, un- taxed, unearned, US money printed in this administration.) Inflation erodes your earns, inflation erodes your savings, Inflation encourages spending, encourages debt accumulation and discourages savings. Hmmm, just want they want from us, the sheeple, in debt and buying their shit. So, I say NO to inflation. Kool-aid flavor of the day is orange soda and liqueur, by Allison Eanes . Dustin Kelly, dont drink the kool-aid!
Posted on: Mon, 03 Nov 2014 17:08:26 +0000
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