The only advice I can give her is this: For more than a century, stock ownership has been our best shot at beating inflation and building wealth.
The alternative is to restructure debts passively via inflation, stealthily transferring wealth from older asset-owning generations to younger generations of debtors.
He suggested that current conditions, including rising inflation, a widening wealth gap and spiking real estate prices, made the peg unviable and would eventually lead authorities to break the peg.
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Inflation robs from those with wealth to benefit those with massive debts, such as Uncle Sam and states like California, New York and Illinois.
However, since you cannot always get tax rates high enough to meet your spending plans without also damaging the economy, you tax wealth through planned inflation.
While inflation does not itself redistribute wealth, it does put more money into the hands of those who see themselves as the wise arbiters of who should have how much.
They borrow in our name and then confiscate our wealth through taxes and inflation.
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Even small increases in inflation destroy large amounts of the wealth of American households.
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Inflation is a pernicious destroyer of wealth.
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However, Christopher Landsea of the National Oceanic and Atmospheric Administration applied a little common sense to the data by factoring out inflation, the rise in individual wealth over the period and, crucially, the increasing tendency of people to live by the seaside.
Governments can, as Madison suggested, confiscate the wealth of domestic creditors via inflation, taxes or default.
Their wealth will probably shrink from inflation and no real income growth in his best case scenario.
At the same time, consumers will reduce spending as inflation erodes their real earnings and perceived wealth.
Gold is viewed as a store of wealth and a hedge against inflation, as well as a traditional gift.
Fractional reserve banking expands the money supply without regard to real wealth, and this is inflation, resulting in price increases.
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Valuers are predicting the trend could continue, with demand outstripping supply as buyers look to protect wealth when faced with increasing inflation and taxes.
Whether you have high taxes which confiscates your wealth or you have high inflation which is just a tax on your buying power did not matter to Eisenhower.
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The stock market happens to offer one of the only proven ways to grow wealth faster than the rate of inflation.
If you had bought stocks 35 years ago you would have multiplied your wealth ninefold--this despite inflation and despite the ferocious bear market near the beginning of your adventure.
If all a wealth manager does is keep longevity and inflation risk in check for a client, the manager is covering important bases.
And, indeed, Washington is culpable to the extent that it has not curbed the antigrowth proclivities of the IMF (thankfully both Argentina and Brazil no longer owe this agency money and thus can, if they wish, pursue sensible economic policies) and our own Treasury Department, which remains in thrall to the belief that high taxes and inflation-inducing currency devaluations are the path to wealth.
He calculates that when taxes and inflation are subtracted from bond returns, investors fail to gain wealth.
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Without continual innovation and development and the resulting generation of wealth we will have fewer choices and the negative impacts of inflation and government deficits would be far more severe.
The estimate is derived from the trend line shown in Exhibit 3.(4) Subtracting a 3.0% inflation rate would net a respectable 5.92% annual rate of real wealth increase.
Vancouver (Kitco News) -Surging Chinese gold imports reflect increased wealth but it also may be the result of consumer fears that inflation is higher than the government admits, according to an author who contends there are dark days ahead for the country.
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By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important party of the wealth of their citizens.
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This is a very big problem because once confidence returns, and credit begins to flow more easily, we could end up with runaway inflation, an even bigger problem as this would wipe out savings and have a wealth-destroying effect.
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The wealth effect that Alan Greenspan worries about, as he is paid to worry about inflation, looms as a huge stabilizing force for our domestic economy.
Useless for pretty much everything except storing wealth (its economic value is social, not industrial), gold acts as inflation-proof money when investors need it most right in the middle of an asset-price deflation.
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