3 ms·
Kudos to @DanielBMarkham for a very good point. @Ericd the most likely outcome--the one currently happening--is that most of this will be finances through infl
by kevin_morrill 16y ago
Kudos to @DanielBMarkham for a very good point.
@Ericd the most likely outcome--the one currently happening--is that most of this will be finances through inflation. So those who save the most will give up the most in lost buying power. And yes, closely behind that is the people who are taxes the most.
For the most part these two go together, but I think this will catch a lot of the middle class off guard as they watch their 401ks become worth less. That will be a bitter pill.