Posted 9 weeks 6 days ago by Philip Brewer
When I advocate for frugal living, people sometimes ask, "What if everybody lived like that? Wouldn't it hurt the economy?" My natural inclination toward frugal living may color my opinion, but I don't think so. I think mass frugality would be good for the economy.
Posted 25 weeks 5 days ago by Philip Brewer
With prices up, price statistics that look preposterous to anyone who shops, and the Fed trying to thread the needle of preventing a recession without letting inflation run out of control, I want to make sure everyone knows that we're seeing at least two other issues besides inflation.
Posted 26 weeks 1 day ago by Philip Brewer
Of the various ills the economy can face, inflation is simultaneously the worst for society as a whole, and yet the easiest for individuals to deal with successfully. The strategies for dealing with inflation are pretty straightforward.
Posted 29 weeks 17 hours ago by Philip Brewer
I don't know if a recession is coming. Nobody does. We may dodge the bullet for a while. On the other hand, the economy may already be in recession. You don't need to know the future, though, to make some wise moves.
Posted 33 weeks 4 days ago by Philip Brewer
How bad could things get? The New York Times asked that question about the economic situation. It's a good question, but they gave a really bad answer.
Have more to say? Join the discussions at Wise Bread's Finance and Frugality Forums.
| Posts | Cmts | |
|---|---|---|
| Andrea Dickson | 3 | 27 |
| Fred Lee | 2 | 11 |
| Julie Rains | 3 | 15 |
| Linsey Knerl | 11 | 41 |
| Margaret Garcia-Couoh | 2 | 6 |
| Myscha Theriault | 7 | 31 |
| Paul Michael | 5 | 14 |
| Philip Brewer | 11 | 52 |
| Will Chen | 4 | 4 |
| Xin Lu | 10 | 26 |
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