Dave Ramsey says: Government unlikely to take away investments

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  • RedShirt USS Enterprise, UT
    Aug. 26, 2014 12:15 p.m.

    To "JustGordon" you are living the lie.

    The fact is that there has been quite a bit of inflation over the past 14 years.

    14 years ago gas was about $1/gallon, now it is over $3/gallon.

    Mil used to be less than $2/gallon, now it is around $3

    Housing prices are higher.

    Clothing costs are higher.

    Most everything costs more now that it did 14 years ago.

    Since you don't believe facts, I guess there isn't much point is directing you to "Current US Inflation Rates: 2004-2014" at US Inflation Calculator that uses government data to give us the Government's take on inflation over the past 10 years. (Hint, it has ranged between 1% and 4.1%.)

  • JustGordon Cottonwood Heights, UT
    Aug. 26, 2014 8:08 a.m.

    There's been little if any inflation in the last 14 years, assertions or statements to the contrary are contrary to the facts.

    The story about the confiscation of one's 401k assets has been a reoccurring theme on conservative talk shows for months. It is part of a plan to spread and increase public distrust of their government that has no basis in fact. By repeating relentlessly the same lies speculation has now become reality sadly of too many.

  • george of the jungle goshen, UT
    Aug. 26, 2014 2:05 a.m.

    With the dollar's buying power becoming less and less as the Fed Res floating the stock, There ain't no escape. What if the lone want equal buying power when they lone you money plus interest. If inflation is at 10% and interest is 5% and wages stay at 2%, How could you ever escape.