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I've written about inflation previously, usually trying to put it in a broader context to try to help folks understand it more deeply (and accurately). I'm currently reading Barry Ritholtz's How Not to Invest and he gives a great example on page 150 of my hardcover copy from the library (Part 2, Section 1). He … Continue reading Inflation, Wages and Investments
Last night the Senate passed HR 82, which repeals the WEP and the GPO. As I posted last night, this is a bit more complicated than some people think and some folks may be surprised by some of the ultimate outcomes. While those "complications" were very much discussed by opponents of the bill, today I … Continue reading Knock-On Effects of the WEP and the GPO Repeal
I've written about inflation several times previously (here, here, here, and here), but it's a topic I keep returning to because I feel like it's a concept that many people still don't really understand. And, unfortunately, that often means they reach invalid conclusions, which can lead to poor financial decisions and/or lead people to just … Continue reading Inflation (again)
Some of you will be too young to get this reference, but the title of this blog post is best if read like Jan Brady saying, "Marcia! Marcia! Marcia!" You've probably noticed that the topic of inflation has been in the news lately. It's been in the economic news, brought up in political campaigns, talked … Continue reading Inflation! Inflation! Inflation!
In my financial literacy class for teachers we spend a lot of time discussing the balance between spending money now and saving in order to spend money in the future. And I want to be perfectly clear, this is an important balance to achieve. Some folks (myself included) may delay gratification too much, always saving … Continue reading Spend Now or Spend (More) Later
I wrote a short post about inflation last year (so far it’s holding up pretty well), but I wanted to revisit the topic because I came across the following really interesting chart (source). This chart contains a lot of useful information but, like many data, it can be interpreted in a lot of different ways … Continue reading Choose Your Own Inflation
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