How Inflation Destroys

You would probably be happy if your boss gave you a four percent raise. While it certainly beats no increase, in the economy in America today, that would mean you are losing buying power due to the eight percent rate of inflation. If you have stock, a 401(k), or pension that has invested in US markets, not only are you hit by inflation, but your portfolio is likely down as well. Virtually everything costs more, but you are losing ground with your holdings and your wages or salary are probably not keeping up as America crumbles.