The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (31670)	11/4/2010 12:29:57 PM
From: benwood	3 Recommendations Read Replies (1) of 71442

Worse, you'll be clipped 15-33% of that nominal gain in stocks, and that will not keep pace with the inflation which will confront your deferred retirement. The reality is that they will need to generate 20% inflation per year for many years in order to get the tax receipts ahead of the war machine and the corporate welfare state, oh, and a few bits in Medicare and Medicaid and unemployment and maybe a trace for SS benefits to keep the rioting down to a dull roar. By the time they are done, our standard of living will be about 1/2 of what it is today, if we are lucky.

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