One practical definition of inflation
There was a time when going to an ATM
for $20 would get me through a weekend at the NC beach. Usually it was like for
beer, soda, food, and gas. Well, within a year or two, inflation had taken that
away from me.
My, and my Family's quality of life,
had decreased. And I had even bought a house earlier when things were more
tame, which meant I had house payments to make.
At the time, I was married to a stay
at home wife, and we had three little kids, all who ate a lot, at least to me.
And my Commander in Chief, our
federal president, had frozen my pay for
his reasons. Like for a couple of years, as I recall.
So I was going to get out of the
military, and take my chances on the open market. The reason I stayed in was
because I liked it, plus of the retirement benefits even which I was thinking
about at age 30, and at the time. Now they were WWII style benefits, which were
not all that good, but I did think of them and add them into my final decision.
Mostly it was what my wife thought.
Well obviously our Family survived,
but it was not a fun experience.
And here we go again, or so it
seems. Now it is their turn to "discover" inflation? Like by
"their turn" I mean people younger than me (age 64)
Oh yes, I did get shot at some, too,
and along the way.
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