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Inflation robs you of you savings. Inflation also causes you to pay taxes on land you sell. You have to charge more dollars just to get the same value back for your land. Then you are hit for an income tax on those cheaper dollars that you get. Inflation is like a hidden tax. It is the way that the government rips you off.
One more thing. Inflation creeps you up into a higher tax bracket. It may even trigger the ATM. To get a good perspective on inflation you may want to read the book, The Biggest Con.
What else can I help you with?
How did cosmic inflation resolve the flatness problem?
The cosmic inflation did resolve the flatness problem by the theory which states that the universe appears to have a flat geometry.
When inflation becomes a problem what action will fed likely take with regard to interest rates?
when inflation becomes a problem the action the fed will RAISE INTEREST to slow the economy down a little.
If prices rises too high a market may face the problem of?
inflation!
What is the main problem that Argentina is facing today?
Argentina is facing a huge problem with inflation, which makes it hard for the people to plan ahead in life.
What was a persistent economic problem facing the American colonies?
Maintaning a favorable balance of trade
Why higher inflation in US is not a problem?
Higher inflation in the US is not a problem because its citizen consume and invest more when they expect higher inflation.
Was inflation a big problem during the revolutionary war?
Inflation was a big problem for Americans during the Revolution
How did cosmic inflation resolve the flatness problem?
The cosmic inflation did resolve the flatness problem by the theory which states that the universe appears to have a flat geometry.
What was the serious German economic problem in 1920s?
Inflation
What was the main problem with communist economy in China?
Inflation.
Which of the was a problem faced by the Ford administration?
inflation-apex
Which of these was a problem faced the Ford administration?
inflation-apex
Which of these was a problem faced by the Ford administration falling oil prices war in Europe inflation or the Helsinki records?
Inflation
Is inflation a problem in New Zealand?
Malay ko sayo!!
What problem cause Congress to stop issuing paper money?
Inflation caused Congress to stop issuing paper money.
Was inflation a big problem during revolution war?
helllo evrybody
What are the current macroeconomic problem in South Africa?
inflation,transportation,unemployment
