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243 Why Inflation?
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Martin Hash
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243 Why Inflation?
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Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
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SuburbanFarmer
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Re: 243 Why Inflation?
This would make a lot more sense regarding an economy that is a net exporter, like China. Doesn’t work so well for an extreme importer, like the US.
I’d also like to know how a retired person is earning anything in an inflationary environment. If they’re on a defined benefit, they’re losing income with inflation. Social security checks won’t get bigger, even if CPI were anywhere near reality.
I’d also like to know how a retired person is earning anything in an inflationary environment. If they’re on a defined benefit, they’re losing income with inflation. Social security checks won’t get bigger, even if CPI were anywhere near reality.
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Martin Hash
- Posts: 18237
- Joined: Wed Jan 20, 2010 2:02 pm
Re: 243 Why Inflation?
Yes, SS is indexed.GrumpyCatFace wrote:This would make a lot more sense regarding an economy that is a net exporter, like China. Doesn’t work so well for an extreme importer, like the US.
I’d also like to know how a retired person is earning anything in an inflationary environment. If they’re on a defined benefit, they’re losing income with inflation. Social security checks won’t get bigger, even if CPI were anywhere near reality.
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
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SuburbanFarmer
- Posts: 25071
- Joined: Wed Nov 30, 2016 6:50 am
- Location: Ohio
Re: 243 Why Inflation?
It works as long as you don't eat or drive, I guessMartin Hash wrote:Yes, SS is indexed.GrumpyCatFace wrote:This would make a lot more sense regarding an economy that is a net exporter, like China. Doesn’t work so well for an extreme importer, like the US.
I’d also like to know how a retired person is earning anything in an inflationary environment. If they’re on a defined benefit, they’re losing income with inflation. Social security checks won’t get bigger, even if CPI were anywhere near reality.
