Making less than Dad did
The insidious effects of inflation...as the Fed devalues the currency, we have slowly lost purchasing power.
From the start of the Central bank in 1913 in the US until today, our dollar's value is now worth about four pennies. Unbelievable.
Find the things that long term will protect your purchasing power. With the growing economies of China and India, things will become more scarce against the backdrop of a flood of currency.
Commodities may be a good way to go.
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