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Central Missouri | Inflation and purchasing power of the dollar have divulged into different metrics it seems. The dollar seems to be losing 7-9% of its purchasing power each year while govt inflation numbers are running 3-4%.
So if you invest in a 10 year bond at 4.2% interest and govt inflation numbers say 3.5 your purchasing power should be holding even after taxes but the dollar purchasing power is losing around 8% so if you hold 10 years you are subsidizing govt excess to the tune of 5% of your purchasing power. | |
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The land price is correct because...
