Friday, March 12, 2021

Stimulus Disaster

Americans will soon get money from the government again. Many people really need the cash. But it's a 2 edge sword. Yes it will heat up the economy but it will also bring in more inflation. Inflation is the worst tax of all. It effects the poor and those on fixed incomes the hardest. 

Unfortunately most people will waist the stimulus money on depreciating items. Some will pay credit cards off that they will soon rack up again.

Very few will invest the money and send all those dollars out to go make more like themself. And NO lottery tickets are not investing.

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