Tag Archives: Retirement
Why the Fed hurts the elderly most of all
February 3, 2012Anti Fed activists often call inflation a tax, and rightly so. When the Federal Reserve creates new money it dilutes the buying power of the money already in circulation. The value of the new money is “taxed” from the value … Continue reading
Posted in Fed Friday | Tagged Benanke, Elderly, Federal Reserve, Inflation, Retirement | Comments on Facebook