When I was young, I used to think money was the most important thing. But now that I’m old, I’m sure of it.
If you’ve accumulated some wealth, congratulations. Now, for the hard part: keeping it.
Everyone understands that inflation, the stealthiest thief of wealth, is a risk at this point, and perhaps even a goal of some central bankers. If that doesn’t sound all that scary to you, take a moment on this extended quote from John Maynard Keynes, whose name is very often (and very often incorrectly) invoked in support of ultra-easy monetary policies:
By a continuing process of inflation, ...