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Friday
Sep182009

Inflation Pickpocket

"Inflation Pickpocket" can be found at the link below (this is the sample reading from the sign-up page as well, so you may have already read it):

http://mortgagesecretpower.com/Reading%20One.pdf

- Some weekend reading.  This article touches on the issue that governments indirectly tax you via inflation.  Inflation occurs when the government increases the money base (prints money) causing the value of the dollar to decrease.  Generally, governments increase the money base as a means to increase their budget.  This doesn't occur in Canada in the same way it has occurred over the last 30+ years in the US but it is a real possibility in Canada as the US dollar devalues. 

 

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