Artis Real Estate Investment Pref Shs Series E T.AX.P.E

Joe Biden’s America

[Torontojay]

Inflation is a hidden tax on your savings. 

https://m.youtube.com/watch?v=_BtTIcwqRKg

[Frankie10]

Always has been. Yet I'm sure you would argue a 2% inflation is necessary and deflation is the true concern, would you not? im telling you bro, you would love reading the Creature from Jekyl island. It should be required reading material for every voter imho... there would be protests in the street yesterday if people actually understood the historical context of what is happening to them

[Torontojay]

Yes, ultimately the Fed wins and inflation returns to 2%. The lags are longer this time because the economy becomes less cyclical and interest rate sensitive than in past hiking cycles. Interest rates do matter and I don't believe we get there without economic pain.  If the landing is hard and severe then we get the possibility of deflation which occurred in March to October of 2009

[Frankie10]

The theory is, if you hold the money supply constant, through technological advancement there would be deflation in terms of prices - therefore saving "money" would actually result in an increase in purchasing power - as it should imho. The current "money" is broken - as are the systems built around it - the most hideous of all being the central banks.  

[Torontojay]

  This can be  explained using the Quantity Theory Of Money.  This is the formula in percentage format.  Δm + Δv = Δ p + Δ t  m= money supply  v = velocity of money  p = price level  Δ p = inflation  t = volume of goods and services  Δt = real gdp  If you are more productive, say through technological advancements