Re:In Fed and Out, Many Now Think Inflation Helps
by pjc50 on Monday October 28, 2013 @11:12AM
(#6627403)
No, you are _not_ having your property taken away; you are suffering a loss in its market value.
For most people, a reduction in the market value of their job or house makes more difference than the market value of their cash per se. Hence the need to keep an eye on the composition of inflation, as some parts may be going up and down more than others.
For most people, a reduction in the market value of their job or house makes more difference than the market value of their cash per se. Hence the need to keep an eye on the composition of inflation, as some parts may be going up and down more than others.