Inflation is the hidden tax that will eat up your savings. Hello, Zimbabwe. Deliberate inflation by the government is outright THEFT!!!
It worked so well for Zimbabwe
I have a family member that thinks Obama is god. He is a highly educated financial specialist.
He says we need to generate inflation, because deflation is the enemy. He’s also in massive personal debt.
I know this is coming. This is what irresponsible governments do when they’ve spent too much of the people’s money. So you penalize the people who have done it right.
For these types, there is no virtue in living frugally or being responsible. It’s all a game to them. People who live an old fashioned traditional life are just patsies.
Yeah, I’m saving frantically, so I can pay my property taxes!