Inflation Reduces Retirement by $2.5 Trillion
Nov 04, 2024•19 min
Episode description
Inflation reduced retirement accounts by $2.5 trillion, but the good news is that Trump and Biden gave us all $814 billion in stimmie checks! Inflation took it all away and reduced the value of savings accounts by $1.6 trillion and 401(k) accounts by $2.5 trillion. What a deal! The government created $5 trillion out of thin air, gave us all $814 billion, and then reduced our savings and retirement accounts by a value of $4.1 trillion! It’s a shell game. It’s stealing. And the government is good at it.
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