One of the hottest investment topics right now is that of gold, and everyone is taking notice. You’ve probably seen commercials encouraging you to purchase gold bars and coins in preparation of what’s to come. Indeed, gold is often touted as a hedge against inflation, as the physical asset’s value is believed to always be [...]
Posts tagged as:
Inflation
18 months ago, people will call you crazy if you even suggested that the US will be issuing new currency. But do you think it’s possible now? Well, at least one person thinks so. Watch (listen) to this conversation and judge for yourself.
A Mcdonald’s combo now costs $7 but it used to be less than $5. Then again, the McChicken sandwich used to cost $2.45 and it’s only a buck now. Inflation is a phenomenon that most people hear about often. The media reminds us of it, our financial planners talk about it and if you need [...]
It is no mystery to anyone that the US government has pumped trillions of dollars into the economy, all while holding interest rates at record lows over the past two years. Anyone with a basic concept of supply and demand, with all of these dollars in our economic system, will fear that rising inflation is [...]
Luckily for the workforce, wages/salaries tend to rise along with price levels. That is, people tend to get annual raises even without getting promoted. On the one hand, this is good. It makes it so that most people can maintain a relatively stable standard of living. On the other hand, our annual raises have taught [...]
