As they (The Fed with the governments blessing) keep expanding the money supply to pay for their agenda (creating money out of thin air), they are stealing from everybody who has saved for their retirement by debasing our
currency. It is like watering down the gin. If you do it a little at a time no one seems to notice. If you water it down a lot in a short period of time the ouner of the gin bottle is gonna get wise to it.
As the money loses it's value houses might go up some in value in dollars. Stocks might go up in value as the money is watered down. Gold will go up. It is all a head fake. The reality is they (The Fed with the blessing of the government) have a license to steal! And they the audacity to tell us they are doing for our oun good. They know best. They know best all right. Look how they
live. Remember Aminal Farm, the book.
topper wrote:use the power of compunding interest to beat inflation over the long term - time is your friend - market timing is your enemy
You can't beat inflation. They doubled the money supply in the past year or so. All our dollars are worth half. It's a losing game....