Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 832748, member: 3011&quot;]None of this is new.&nbsp; I doubt that inflation has been less than 3% annually for more than a couple of years during my lifetime, and people get by.&nbsp; You just have to expect it and adjust to it.&nbsp; When I was a kid, hamburgers were $0.35.&nbsp; My first new car [a Mustang] cost $2,400.&nbsp; A three bedroom garden apartment rented for $250.&nbsp; But wages adjust when prices adjust.&nbsp; If they didn&#039;t nothing would be sold or bought -- highly unlikely as long as there is a free market economy.&nbsp; If you purchase a home and keep most of your savings in the stock market, gold, real estate and whatever else looks good at the time, it is possible to keep up with inflation.&nbsp; If you keep it in a checking account or under the bed, it will naturally lose purchasing power.&nbsp; The rich aren&#039;t rich because they use the money first.&nbsp; They are rich because they invest it in businesses or other things that adjust to inflation and grow over time.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in