NEW HOTTER INFLATION DATA – DON’T LET YOUR BUYING POWER ERODE
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Hotter Inflation Data
Inflation erodes buying power. The government continues to claim there is no inflation or inflation is transitory. The government is simply wrong – in our analysis, the inflation is running at about 12%. There is about 33% more money in circulation in the U. S. compared to 14 months ago – thanks to money printing by the Fed.
At this rate, your million dollar portfolio today will have a buying power of $880,000 a year from now.
Historically the Fed steps in to stop inflation. … Please click here or the title below to read more.
June 15, 2021