Yes, of course there are ways to beat inflation. Mainly consists of borrowing depreciating money and then paying off the loan in the future. Funds must be used for speculation or investment during the period the loan is outstanding.
The average American is not in a position to take advantage of this - they pulled it off for short periods during the tech bubble and the housing bubble. The latter will burst as the former did. You need to be quick.
Thankyou, I said that in #17.
Mainly consists of borrowing depreciating money "
Not true. I have said nothing concerning "speculation" or ""depreciating money", margin buys, shorts, futures puts or calls, currency carry trades, preferreds Not even interest rates. Not even borrowing at all.
Unless you count my paltry borrowing on a credit card that I always pay off at the end of every month.
If others lack fiscal discipline, frugality, hard work, I cannot be responsible nor can the government.
See #88.
yitbos