When the inflation really gets going, that is when the Great Wealth Transfer starts rockin'. All those caeful frugal savers are gonna see thier dollars buying power evaporate, and the folks sucking on uncle Sam are gonna be in sweet clover because all the entitlement programs are inflation adjusted.
Inflation, the great thief- "Grind the middle class between the stones of inflation and taxation"- Lenin.
Friends we are in for rough times- my personal belief is we are in a small lull, inside the eye of the hurricane.
Yes. If you are saving, make sure a substantial portion is in hard assets if you think inflation is a major concern.
Even if it isn't a major concern, you should at least have some in hard assets. Real estate, gold, even stocks. (Though the market may dip, inflation will at least push their value higher as well.)
Bonds/CDs/Savings Accounts are bad ideas if inflation starts moving.
