Posted: 5/8/2014 4:24:36 AM EDT
| The Feds think a little inflation is good. Certainly it is good in a growing and prosperous economy. However, our economy is neither growing nor prosperous. Inflation hurts as it reduces the purchasing power of peoples' earnings, savings and retirement. Here's investment adviser Peter Schiff's commentary on bacon inflation: http://www.youtube.com/watch?v=QtpEaOeyg0k |