Inflation is more than creeping into the economy.

INFLATION is here and it will get worse. Why would you or I be worried. We need to be worried
because If everything goes up in cost, then soon many things will be out of range for you and
me to buy. Maybe, we will have to begin to ration our income. Should we buy the Organic veggies or
will they cost too much and we are forced to buy regular frozen veggies. Maybe that favorite box
of cereal costs an additional $2; And Beer costs another $3; And Gasoline costs $5 a gallon; And
that can of pop or soda costs another $1 per can. Will your income keep up with inflation. Probably not. WHY? Because the more you earn, the higher Federal, State and Social Security taxes you will pay. Your
net income will not actually grow, And the value of the net income will decline. This means you will not
be able to buy many of the things you want to buy. THAT IS INFLATION.

INFLATION IS A HIDDEN TAX ON EVERYONE. And inflation is here. It's just a matter of how fast
the inflation will increase. Next time - how we can limit inflation.

And that's the way I see it...
Straight Talk With Jay Clifford.