Inflation Legacy

"I've said it before and I'll say it again: your house isn't worth more, your dollars are simply worth less and it takes more of them to buy the same house. Your stocks aren't worth more. Your dollar is simply worth less and is collecting so little in interest that folks would rather put it ANYWHERE else before it falls even more. Oil doesn't cost more, it's just that no one is stupid enough to continue accepting the same amount of eroding dollars for a product that retains a particular amount of value and utility over time."

Mark M. Rostenko
Getting So Much Better All The Time
The Sovereign Strategist