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February 22, 2013
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Inflation - The Hidden Tax
Saw this and smiled a little bit.
But the likely result isn't as funny.
Inflation is a tax on capital and it slowly eats away at your portfolio. It also takes a chunk out of your wallet.
With the printing presses running in Washington, how can you tell if things are getting more expensive? It isn't a trick question, you simply compare prices with what they used to be.
While it is something to watch, I'm not hearing much concern. What about you?
Posted by Howard Getson at 09:38 AM in Business, Current Affairs, Market Commentary, Trading | Permalink
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