Tuesday, August 22, 2017

200 Billion Reasons Americans Can Be Thankful For Inflation Below Fed Target

Inflation is a tax on our savings, stealing a little of our money without us realizing it. While the Federal Reserve claims it wants slightly higher inflation (at 2% per year), we should be thankful inflation has been lower. That has left $200 billion in our pockets.

from Forbes Real Time http://www.forbes.com/sites/jeffreydorfman/2017/08/22/200-billion-reasons-americans-can-be-thankful-for-inflation-below-fed-target/
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