Is This a Trampoline Landing? With Vincent Deluard
Real Vision: Finance & Investing
00:00
The IRA and the Ships Act
The cost of living adjustment is referred to as COLA. And this is very much the same idea, that's to avoid something that's called bracket creep. So you have all your 67 minute retirees, plus all the Americans who are working who are enjoying almost double digit growth in their nominal income at the same time inflation is falling. The thing about this big, you know, I can't remember the number was something absurd like 370 billion for the IRA, right?
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