We need to accept the new world of high inflation.
This is life now. If you can't afford it, protest, fight, accept, or die.
For people with money, somewhat like my family with millions in fixed income assets are returning 5% in risk free money. That's 100k income for doing nothing but having money in CDs, bonds, etc.
Basically no matter what the Fed does now, Rates up or rates down, causes inflation.
We need to accept the new world of high inflation.
This is life now. If you can't afford it, protest, fight, accept, or die.
For people with money, somewhat like my family with millions in fixed income assets are returning 5% in risk free money. That's 100k income for doing nothing but having money in CDs, bonds, etc.
Basically no matter what the Fed does now, Rates up or rates down, causes inflation.