Comments on: The hidden tax http://www.llamamoney.com/the-hidden-tax/ It's not just money - it's Llama Money Wed, 24 Feb 2010 19:39:57 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Llama Money http://www.llamamoney.com/the-hidden-tax/comment-page-1/#comment-1792 Llama Money Wed, 18 Feb 2009 22:37:52 +0000 http://www.llamamoney.com/the-hidden-tax/#comment-1792 Tim, That is the rub, my friend. Will your salary increase along with inflation this year? Next year? Will mine? I can't guarantee that. It times of high inflation, salaries tend to lag behind cost rises. All the while, it's slowly destroying my savings and my hopes for a comfortable future. Inflation is definitely a tax, and probably the worst kind. Tim,
That is the rub, my friend. Will your salary increase along with inflation this year? Next year? Will mine? I can’t guarantee that. It times of high inflation, salaries tend to lag behind cost rises. All the while, it’s slowly destroying my savings and my hopes for a comfortable future. Inflation is definitely a tax, and probably the worst kind.

]]> By: Tim Geithner http://www.llamamoney.com/the-hidden-tax/comment-page-1/#comment-1788 Tim Geithner Wed, 18 Feb 2009 04:47:10 +0000 http://www.llamamoney.com/the-hidden-tax/#comment-1788 how about the fact that your giant mortgage payments will become relatively smaller and smaller w inflation? Assuming that your salary is inflation adjusted each year, you will be making 12% more each year but your mortgage payment won't change...thus leaving more money for spending to "stimulate the economy". how about the fact that your giant mortgage payments will become relatively smaller and smaller w inflation? Assuming that your salary is inflation adjusted each year, you will be making 12% more each year but your mortgage payment won’t change…thus leaving more money for spending to “stimulate the economy”.

]]> By: Patrick http://www.llamamoney.com/the-hidden-tax/comment-page-1/#comment-1787 Patrick Wed, 18 Feb 2009 04:40:31 +0000 http://www.llamamoney.com/the-hidden-tax/#comment-1787 I don't expect 12% inflation either - but Robert Kiyosaki does! I take half of what he says with a grain of salt and the other half I throw out the window. But I do like his ideas on building income streams instead of building savings. All this new cash will have its downfalls... I don’t expect 12% inflation either – but Robert Kiyosaki does! I take half of what he says with a grain of salt and the other half I throw out the window. But I do like his ideas on building income streams instead of building savings.

All this new cash will have its downfalls…

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