from Financial Survival Network
Tax expert Jeff Socha returns… The Fed has missed on inflation for so many years. Jeff believes that inflation has been higher than stated and expected for many years. This has had a profound effect upon workers and the economy. There’s a difference between increased output and actual higher prices. It’s hard to raise rates when the economy is contracting, but when there’s an expansion it’s much easier to raise them. Pricing strategy shows up, such as increasing one’s price until meeting resistance. Eventually the economy will turn and the rate will decline.
Click Here to Listen to the Audio
Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.
from Kerry Lutz Podcasts – Financial Survival Network http://bit.ly/2XeGCBT
