[Brian Griffin]

“The exact mechanism that transfers $1 trillion annually from taxpayers to bondholders”

Money buys less every year and has for over 85 years.

Inflation is a fact of life.

If stuff and services are going to go up in price by 4% each year, I’m going to want at least 4% on my CDs.

I’m not really making any profit as after two years the principal will buy 8% less.

[citizen]

When I was a senior in high school, 1969, a man could get a job at the cotton mill, milk plant, hardware store, the Amana or Scovill factory - or even pumping gas, and provide for his stay-at-home wife and children.

Now, after decades of fiat money, credit cards, planned and managed bouts of high inflation and gov't distortion of all things financial only very high-earners can pay alone the typical household/family expenses. Even then, the household must operate within some sensible range to remain solvent.

Inflation should not have to be 4% min as you say is normal for recent decades. And before 1971, it rarely was.