
Is This a Trampoline Landing? With Vincent Deluard
Real Vision: Finance & Investing
00:00
The Recession Is Not Going to Happen
I think right now the estimate for next year's call is around 3%. That's what the League of American seniors estimated came up last last week. And then we kind of go to where I think inflation really should be, which is 4% 5%. You'll actually see retirees get a net real income loss next year as opposed to the kind of like 5% real game that they have. Same thing for the brackets in 2020 for your tax liability for 20 or 3 will be based on inflation in 2023,. So it could be that if inflation reacts to their rates will have the bad kind of bracket creep.
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