There's a reason inflation is being "nose thumbed". It's stealing the wealth transfer amounts. We need people going back to work full time and not living off of dividends from earlier savings or, inheritance.
It makes sense as a whole. But it's now more important than ever to be frugal and conscious of personal financial matters or, it will slowly be drained from you and your children.....and it is on purpose.
Again, the wealth divide will grow, if only by default of being smart enough to keep more of what they have. Those not smart enough or, not really rich enough to withstand the theft, will contribute to this. IE, the VAST majority.
By
Zambroski ·