When Does Inflation Begin?

It is not necessary to remind you of what is going on in the super market these days.

Last week, Grandma Peggy and I stopped by the supermercado to pick up some basics. We walked out with a single small bag and sixty dollars less in our pockets. I needed gas, so we went to the BP for a fill up. The Death Star rarely takes more than twelve gallons, but that day it took twelve. The bill was forty dollars. Between a few groceries and a fill up we spent $100 bucks. That is enough to break the bank when you  are on a fixed income.  Seniors didn’t get a COLA adjustment this year because inflation is so low. Everyone knows that COLA is the acronym for Cost of Living Adjustment. Those of us depending on Social Security did not get that measely little adjustment, but our great Representatives and Senators gave themselves a very significant increase in salary. So significant in fact, that their increase was about forty percent of what we get for the year.

It seems to me that we pay these guys way too much to wreck our economy and society. They don’t listen to the voice of the people yet they think so highly of their effort to turn us into a socialist society they gave themselves a pay raise to flaunt it.

When I challenge my financial advisor about the need to put my 401K into vehicles that fight inflation, he argues that there is no inflation. Well what the heck is driving prices to go up? “It is the value of the dollar.”  Well how do we increase the value of the dollar? The government has to stop spending so much. But a weak dollar is good for the economy. Really? Yes, When the dollar is low, foreigners can buy more of our products with their money. A weak dollar is good for business.

Yep! A weak dollar is good for foreigners, and it shrinks the buying power of every American. That is another example of income redistribution. It makes a lot of sense doesn’t it? Have any of our illustrious representatives looked at the balance of trade lately?  I doubt it, they are too busy having their high paid staffs read the funny papers to them.

I can’t imagine how tough things will be when we begin to see inflation on top a shrinking dollar.

Write, call, e-mail your Congressman and  Senator and ask them to stop the insane spending. They are heading us right back into slavery a lot faster than it took to emancipate it.

One Response

  1. Our politicians think they can borrow the way to posterity. WRONG. They are creating a monster called hyperinflation and the way companies are keeping from raising prices too much is by making the packages smaller, thereby you are spending more and getting less, sugar, icecream, etc. And what about property taxes, going to the moon. We need a revolution. AMEN

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