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To: Starboard

which would mean endemic inflation, destroying wealth of people who plan save.


19 posted on 03/15/2023 9:49:41 AM PDT by Tipllub
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To: Tipllub

You are right, inflation is an insidious erosion of purchasing power. Its surprising that few people seem to realize the destructive compounded effect of it.

Because of inflationary pressures most people are seeing their disposable income steadily decline. The rising costs of the necessities of life (food, shelter, utilities, insurance, transport, health care, etc) are chipping away what little discretionary income is left over for purchasing other things. A very bad situation for a consume driven economy.


20 posted on 03/15/2023 10:01:42 AM PDT by Starboard
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