For today's post, I am going to take on one of today's Shibboleth's: Inflation. So much of today's economic life includes an assumption of inflation. The government tracks it, issues COLAs (Cost of Living Adjustments) based on it; banks and businesses and individuals factor it into their business plans and loans and retirement goals. And … Continue reading The Myth of Inflation
Tag: inflation
Gas Dropped
I've been watching prices slowly fall on gas at the local gas stations, and was thinking, "we'll never see it go below two dollars." Well, yesterday it was $1.99. I need to think things like that more often, I guess. The boy was reading something about fast food yesterday, and future inflation, a burger costing … Continue reading Gas Dropped