Posted on 11/22/2022 10:21:32 AM PST by Kaiser8408a
It depends who gets laid off. If you get laid off, or your family members get laid off and me and mine don't then you are correct.
even food stamps wont buy as much during high inflation. High inflation is the worst thing that can happen practically and has destroyed nations.
It’s archaic to crash an economy on purpose to stop inflation.
“At a minimum those long term CDs must exceed the current rate of inflation”
That is highly unlikely. However, if you buy a long term for example 10 yrs. the hope is that in a few years the inflation comes down to below the rate on the CD. I don’t think any bank will issue a CD with a rate higher than current inflation unless they know the inflation is still going to go up a lot and soon. Banks don’t sell CD’s to loose.
“Who is going to enforce Martial law with a population that posses in excess of 400 million guns?
Asking for a friend.”
Illegal aliens?
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