Originally Posted by jeanderson
If you keep your money in cash throughout a long period of inflation, it is true you will lose money. But inflation will not double the price of everything overnight. However, the stock market can drop like a rock in a day or two and you will lose your money before you know what hit you.
That's the really scary part.
Is there anyone who remains unconvinced of the crookedness and crass manipulations of the stock market?
Once, before I grew up ( sometimes think I really did) I was convinced that the Stock Market was an honestly-run business endeavor... I do not cling to that illusion any more; I have witnessed too much.
Life member: LEAA, NYSPRA, GOA, JPFO, Endowment Member NRA, NRA Legion of Honor
"The further a society drifts from the truth, the more it will hate those who speak it."- George Orwell