Inflation is caused by government, and 100% intended. It’s done so that you won’t be able to save up a lot of money and pass it down to your family.
Unless you are a big donor to the politicians or a “philanthropist”, or you set up a trust. Then you get a free pass.
“Inflation is caused by government, and 100% intended. It’s done so that you won’t be able to save up a lot of money and pass it down to your family.”
Absolutely correct.
The government hates the idea of middle class generational wealth transfer.
Inflation is wealth transfer from the middle class to the Government (pays bills for free) and the Wealthy (assets get revalued automatically).