Could we be heading for crippling inflation? I’m in cash so it would actually help me as long as I don’t spend much. And I don’t.
The government is manipulating the inflation numbers to make their policies look better. However, I think most people see plenty of evidence of it rising in their daily lives.
Are you saying that by being in cash you’ll ride the interest rate escalator up? Back in the 70’s era (with high inflation) money market rates did rise dramatically. But interest is taxed as ordinary income. Dividends still get favorable tax treatment. Just something to consider.