Every time the US Federal Reserve prints money, it's devaluing anyone that has cash or equivalents. Edit: that was not worded strong enough. It hurts everyone, but is unbelievably regressive against new savers and the impoverished.
An average person is unlikely to win this game. Our real returns are not 10% per year, they're closer to 4%. The 1%ers that hold top tier offices in this country voted themselves out of this game.
An average person is unlikely to win this game. Our real returns are not 10% per year, they're closer to 4%. The 1%ers that hold top tier offices in this country voted themselves out of this game.