Name: How Inflation BENEFITS the Government and Keeps YOU Poor
Uploaded: 2022-06-29T00:42:05+00:00
Duration: 6 min 7 s
Description: Get 6 FREE stocks from Webull: https://a.webull.com/i/DirtyMoney The US Inflation rate is currently running at 8.6%. If you need an explanation of inflation it is the decline in the purchasing power o

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The US Inflation rate is currently running at 8.6%. If you need an explanation of inflation it is the decline in the purchasing power of a currency over time. So at 8.6%, $100 next year will only buy as much stuff as $91.4 did this year. Your money is losing its value.

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