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Tag Archives: inflation
“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
(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
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
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