Dr.Jackpot

The Unsustainable Lie of Inflation

I have gone back over all the prices I have known about (cars, houses, movies, candy, cloths, etc) from 70 years ago and I have taken the 70th root of today's price divided by the price 70 years ago. The results are consistant at 6% compounded over the 70 year term.

The Unsustainable Lie of Inflation

IF inflation is a change in the spread between what you get and what you need to spend which of the following is inflation?

1. Your income stays the same but prices rise.
2. Prices don't rise but your fixed retirement income from savings plunges to .1 % due to Federal Reserve manipulation.

The Fed: Inflationistas, Par Excellence

WON'T DISCUSS IT

My father wouldn't discuss it because growing up he didn't want me to compare him to other men based on money and he thought I might be ashamed of him.

My mother wouldn't discuss it because she was obedient to my father and didn't want to make any waves.

My older sister wouldn't discuss it because she failed all her math courses and couldn't tell you what 3% of 100 was. She planned to get by on her big t-ts.

My brother-in-law wouldn't discuss it because he thought I was stupid but he was afraid I would find out he was even more stupid.

My broker wouldn't discuss it and I didn't care because I assumed everything he said was geared towards churning my account.

My doctor wouldn't discuss it because he didn't want a patient to realize the massive overcharges he was accumulating.

My neighbor wouldn't discuss it because his greatest fear was that I had more of it than him. His second greatest fear was that I had less of it than him.

My wife wouldn't discuss it because 10 words into the conversation would send her ballistic every time. Her take was if I made a profit it was half hers but if I took a loss it was all mine. There was nothing else to know.

My daughter wouldn't discuss it because she didn't want to appear interested in her inheritance and risk losing it.

My son-in-law wouldn't discuss it because he was afraid that if he wanted to borrow from me, I would know that he didn't need it.

So I have tried to talk to God now that I'm old and afraid. But so far he won't discuss it.