Posted November 3, 2008
Frequently not asked
questions about inflation |
-
Q.
Assuming you buy a Treasury bill or Treasury bond yielding 5 % and the growth
in money supply (M3) is 20 %, how much does your investment really yield per
year?
-
A. You loose 15 % per
year.
-
Q.
What is the difference between taxation and inflation?
-
A. Both actions are
the same. Taxation is an official factor, however inflation has the same
effect in an sneaky way.
Goldonomic, Florida, USA -
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