Leon Vilovic

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About Leon Vilovic

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    Newbie

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  • Location
    Belgrade
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    Male
  1. In the early 90`s my parents lived trough hyper inflation where 1 month wage for a job requiring college education would give you enough money to buy one loaf of bread. Something similar happening is my big fear. Don't be dismissive of this extreme possibility, this happens more often than you think. High inflation is very bad in general because it's a hidden tax on the poor and the middle class. I personally think that even the 2 % annual inflation target that was implemented by the federal reserve before was too much and was simply a tool to indirectly steal some of your money.