Beating Inflation Is Laughable
Covid has caused considerable market disruptions that have contributed to rising prices and our inflation woes.
The federal government’s stimulus spending, massive borrowing and especially its continuous money printing are major drivers of inflation.
I wish we had confidence that our political leaders had a sound strategy to solve this problem — a problem largely of their own making — but we don’t.
I’m surely not alone in my worry that financial matters may get plenty worse before they get better.
Until then I’ll demonstrate my investor acumen by squandering my hard-earned savings on a shiny new car I can’t afford.
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Copyright 2022 Tom Purcell, distributed exclusively by Cagle Cartoons newspaper syndicate.
Tom Purcell is an author and humor columnist for the Pittsburgh Tribune-Review. Email him at Tom@TomPurcell.com.
Copyright 2022 Tom Purcell, All Rights Reserved. Credit: Cagle.com
