Inflation has the same effect as taxes, and the US government knows this. They play a game with inflation to effectively tax people, and they do it in a way that relates to the national deficit.
Join host Terry Wheeler, CFP®, and Gabe Rodriguez, Investment Advisor at WE Alliance Wealth Advisors, Inc., as they delve into the impact of inflation on consumer purchasing power, the government’s influence on rising costs and currency value, and draw parallels between inflation and higher taxes.
Learn how you can combat the silent tax of inflation as Terry and Gabe explore:
- Strategies for your investments including indexing and cryptocurrency
- The adoption of Bitcoin as a common currency in other countries
- Bond alternatives such as an inflation-adjusted treasury
- Examples of inflation hedges like real estate, indexed bonds, and certain stocks
- Reasons why inflation occurs and predictions for future retirees
- And more
Related: How To Protect Your Retirement Money Against Volatility