Former president Ronald Reagan once remarked, “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” While there’s a fair amount of hyperbole in that statement, the comparison of inflation to a robber is an apt one. As a market force, inflation can and will devalue…...
We all know inflation is high… but is that actually a GOOD thing for real estate? Join Ken McElroy and Get Rich Education host, Keith Weinhold, in a discussion about how high inflation has *actually* gotten, and how YOU can take advantage of it right now. Ken McElroy:Hey everybody. It’s Ken McElroy again, and you […]
Inflation is pretty simple. It’s the rate at which goods and services increase in value, and in turn, at which the dollar drops in value. For example, your Snickers now costs $2 instead of $1.50, which means your dollar buys less candy bar. Put in another way, your dollar has less value. The US measures […]
So, let’s first get past the denial. I am still hearing people tell me there won’t be inflation when we have just printed 2 trillion in cash to distribute and by the end of this, it will most likely be closer to 5 trillion. The amount of money in our current money supply was 2.5 […]