You're right, I shouldn't have said 'everything'. Just the purchasing power of the dollar. It's clif's prediction, and it's here (podcast).
I only brought it up, that if 10% of this prediction happens, some of those boomers that lose some purchasing power in their T-bonds might come work for my insurance buddy.
Oh, thanks for explaining. And yeah, they probably would be, poor things. It must suck to work your whole life, put a little aside for retirement, then have to come out of retirement and back to work because of the decisions being made by some idiots in D.C.
You're right, I shouldn't have said 'everything'. Just the purchasing power of the dollar. It's clif's prediction, and it's here (podcast).
I only brought it up, that if 10% of this prediction happens, some of those boomers that lose some purchasing power in their T-bonds might come work for my insurance buddy.
Oh, thanks for explaining. And yeah, they probably would be, poor things. It must suck to work your whole life, put a little aside for retirement, then have to come out of retirement and back to work because of the decisions being made by some idiots in D.C.