Inflation-the hidden tax
Rising costs. You must choose as costs go up-raw materials, insurance, labor etc to-raise the price, cut the size, cut the profit, stop producing the product or GO OUT OF BUSINESS. It is that simple.
The FED tells us? they seek a 2% rate of inflation. Another example of THE BIG LIE. How many people ask or wonder why?
Assuming they achieve 2% rate of inflation and hold it-has never been done in history. At 2% rate of inflation fuzzy math but in 36 years it will take two dollars to buy what a dollar buys today.
Inflation favors the debtor-reduces the true value of the amount owed. Our nation currently owes, if you believe the numbers 21 trillion dollars. Another example of the big lie. Most people including me cannot fathom what a trillion dollars is-let alone 21 of them. I read somewhere that it is 65,000 for every man,woman, child and puppy dog in the US. HUM- the cost of OJ, coffee etc goes up. The good news your share of the real money value of 65,000 goes down by 2% by 1,300
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