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<blockquote data-quote="Catatonic" data-source="post: 3347836" data-attributes="member: 7966"><p>It's a reaction to the Feds declaring they will be easing up Interest Rates.</p><p>As interest rates go up, so does inflation.</p><p>As a retiree whose pension has no COLA, I've enjoyed the last 10 years of zero inflation ... not looking to normal inflation.</p><p>Inflation will most likely half my buying power of my pension over the next 10 years.</p><p>We'll see.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 3347836, member: 7966"] It's a reaction to the Feds declaring they will be easing up Interest Rates. As interest rates go up, so does inflation. As a retiree whose pension has no COLA, I've enjoyed the last 10 years of zero inflation ... not looking to normal inflation. Inflation will most likely half my buying power of my pension over the next 10 years. We'll see. [/QUOTE]
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