Why I liquidated my Roth IRA
Published Nov 28, 2021 I realized that my Roth IRA balance can increase, without increasing in value. Let me explain. There’s a difference between money printing and inflation. Some people assume that inflation comes from money printing. That’s true when all else is equal. But a decrease in demand is a deflationary force. Millions of boomers are retiring and consuming less. And the millennials replacing them are not making up the difference. That will put downward pressure on CPI (consumption...
Why I liquidated my Roth IRA
Published Nov 28, 2021 I realized that my Roth IRA balance can increase, without increasing in value. Let me explain. There’s a difference between money printing and inflation. Some people assume that inflation comes from money printing. That’s true when all else is equal. But a decrease in demand is a deflationary force. Millions of boomers are retiring and consuming less. And the millennials replacing them are not making up the difference. That will put downward pressure on CPI (consumption...
Hello world
I’m here because Balaji mentioned Mirror on a podcast.
