FactCheck updates how the US has performed under Biden
But inflation ate up all that gain and more.
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But inflation ate up all that gain and more.
Fixed-income instruments like corporate bonds and Treasurys, which have mostly gone nowhere but up for decades, have taken a hit as inflation ate away at returns.
The rest reads like a travelogue, filled with daily accounts of peaks he climbed or meals he ate. His trek can feel like a relic of an earlier time.
But inflation ate up all that gain and more.