You are feeling it, I’m feeling it. Everything is going up in price and it hurts your purchasing power.
This is what happens when $7 trillion is printed and dumped into the system, it pushes everything up.
It’s called Financial Engineering and its done to prop up prices and keep our economy from collapsing.
It also creates a ‘wealth effect’ where you see your portfolio and home prices rise…
But it also makes everything else go up: groceries, gas, services.
If your income, salary or cashflow isn’t growing more than 10% per year, you’re actually getting poorer because inflation will erode what you are making.
I’m trying to get rid of cash because it just erodes from inflation if it sits there.
All other assets aren’t any more attractive after being in a bull market for over a decade (aka bubble).
Gold and Crypto were supposed to be the things to invest in to protect you from ‘fiat currency’...