Since 2020, which is the year I retired, official assessments of the devaluation of the dollar are at somewhere around 25%. That means the value today in relation to the value then is around 75%. So what does that mean? If your neighbor was stealing 25% of you money over a four year period, and all legal efforts had no success, you would shoot them.
If only...sigh
ReplyDeleteThere are a lot of bad actors involved with the inflation. Most are insulated from any prosecution, and probably have assets unaffected by the stealing of wealth.
DeleteYup.
ReplyDelete