Posted March 24, 2009 - 08:15 by Philip Brewer
Personal Finance
Stagflation, the bane of the 1970s, is pretty much the worst situation for ordinary folks. With the economy depressed, jobs are scarce for workers and profits are scarce for business owners. With entrenched inflation, everyone's savings are constantly eroding. The result is that nowhere is safe for your money: not cash, not your business, not the market. With the latest moves by the Fed, I fear we're facing a repeat--only it'll be worse this time: stag-hyperinflation.
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Posted January 9, 2009 - 03:07 by Fred Lee
Lifestyle, Health and Beauty
During these trying times, a little physical activity can go a long way to lifting your spirits, and might even make you smarter.
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Posted December 19, 2008 - 07:36 by Philip Brewer
Lifestyle
For some time now, we've had good success drawing on the decades from the 1950s through the 1990s for our retro. Some bolder types have even made some use of the 1890s and 1920s--periods of wealth and excess--to inspire fashion, architecture, lifestyles, and the arts. The new economic realities, though, I think will convince us to draw on some new periods for our retro: the 1930s and 1940s.
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Posted December 5, 2008 - 11:31 by Andrea Dickson
Food and Drink
As times get tougher, I have began to wonder how many people will turn to hunting and fishing as a means to provide food for their families. I don't think I have the stamina to track and shoot a deer, and the Seattle area really isn't that good for hunting - hipsters don't taste very good, anyway.
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Posted October 8, 2008 - 07:14 by Philip Brewer
Personal Finance
For a decade, starting in the mid-1990s, the Federal Reserve kept interest rates too low and expanded the money supply too quickly. Their theory was that, as long as consumer prices were stable, they must not be creating too much money. We now know that they were wrong.
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Posted September 17, 2008 - 15:17 by Paul Michael
Personal Finance, Lifestyle, Credit Cards, Consumer Affairs, Real Estate and Housing, Taxes
I don’t know about you, but I’m more than a little worried by recent economic events. First Freddie Mac and Fannie Mae, then Lehman Brothers, and now an $85 billion loan to AIG. Some people would have us believe that despite all of this, the foundations of our economy are strong. But with trillions of dollars in debt now on the table, how long can this country keep racking up the red ink?
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Posted May 10, 2008 - 11:43 by Philip Brewer
Personal Finance, Frugal Living
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.
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Posted January 20, 2008 - 07:16 by Philip Brewer
Personal Finance
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.
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Posted January 18, 2008 - 00:10 by Philip Brewer
Personal Finance
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.
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Posted December 28, 2007 - 09:14 by Philip Brewer
Personal Finance
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.
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