Tag Archives: inflation

The Truth About Inflation, Part 2: CPI Smoke and Mirrors

“History is largely a history of inflation, usually inflations engineered by governments for the gain of governments.” – Friedrich A. Hayek, Nobel Laureate Economist Last week we discussed lifestyle inflation, the inflation that we create ourselves as we grow older … Continue reading

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Lifestyle Inflation: Taming the Habits that Escalate Spending

(The Truth About Inflation, Part 1) “I don’t mind going back to daylight saving time. With inflation, the hour will be the only thing I’ve saved all year.” – Victor Borge Have you ever gotten back into a VW Bug, … Continue reading

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Inflation Distortions

INFLATION DISTORTIONS A bit of financial trivia that received a lot of attention in November was the increased cost of Thanksgiving dinner this year. According to the American Farm Bureau Federations’ survey, a turkey dinner for five with all the … Continue reading

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Applying Rational Optimism to the Threat of Inflation

LISTEN: Applying Rational Optimism (mp3audio) (7:09 min) The recent financial recession has made many Americans more aware of how government financial policies can have a direct impact on their daily economic lives. Suddenly, words like “bailout,” “deficit spending” and “quantitative … Continue reading

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