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
Tag: inflation
Musings On Inflation
A huge caveat here: I am not an economic expert and I really, really, don't know what I'm talking about here (even more so than usual). But it helps me to think through things to write them down and, perhaps, someone else can benefit from this (even if it's to disagree). I'm in no way … Continue reading Musings On Inflation
How to Help Your Savings Keep Up with Inflation
Most people have a savings account. Sometimes folks have that savings split into different "buckets", perhaps money set aside for future specific purchases (a car, a new furnace), for contingencies (car repairs, an appliance breaks), or more generally as "emergency savings". By its nature, "savings" is different than "investments", because you generally want to take … Continue reading How to Help Your Savings Keep Up with Inflation