“The original news source (thestreet.com) also mentions that ‘The Fed’ wants inflation to make up for past years lack of inflation.”
Except for interest rates paid on our savings. So this double whammy will steal more of our $
Cotton Ball : "Except for interest rates paid on our savings. So this double whammy will steal more of our $ "
Yeah, it the double whammy !
That is also why the stock market is so over inflated right now - investment to keep up with inflation and make a profit for expenses.
So to keep up with inflation, people invest(gamble) in the market - or go to a casino (same thing/ just quicker gains or losses )!