It does however take time for all the prices to go to 2x what they were. If we end up having 7 years of 10% inflation we will be there. Had this hypothetical pe

It does however take time for all the prices to go to 2x what they were. If we end up having 7 years of 10% inflation we will be there. Had this hypothetical person still just held onto their cash, they’ll be half as rich as they were in terms that matter (purchasing power). I for one would not be surprised at all if that’s what we’re in for.