inflation

Why save during an inflation?

You can always tell when inflation has become ingrained in an economy--you start hearing people say, "Buy now before the price goes up!" I remember hearing that a lot in the late

Will high inflation persist?

Every financial calculation that you make is influenced by your expectations for future inflation: how much to borrow, where to put your savings, and whether your last raise was a

Debasing not just the currency

I eat lunch at a local fast-food place occasionally. My usual order runs to just over $4, so I was annoyed when I realized while walking over there yesterday that I'd forgotten to

I Bond rates go to zero

Since 1998, the US Treasury has had a pretty good deal for small savers who were worried about inflation--the Series I Savings Bond.  The interest it paid was based on inflation pl

Budgeting in a time of inflation

My very first experience running a household was in 1980, just as the last big inflation was spiking up over 10%.  My carefully constructed budget was completely destroyed by price

A Simple Guide to Series I Savings Bonds (I-Bonds)

After the recent interest rate cuts by the Federal Reserve many of my bank and money market interest rates plummeted.  Now the best yield I have is on my Series I Savings Bonds iss

More than just inflation

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

How to live with inflation

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 strategi

Roll your own cost-of-living index

If you have a budget--more specifically, if you track your spending--you have the data you need to track changes in your own personal cost of living. That's a lot more useful

The core rate is not an evil conspiracy

The Consumer Price Index was released today, showing prices were up 0.3% last month and up 2.8% from a year ago. The same report also includes the so-called core rate, which exclu

TIPS and I-Bonds

There are risks in any investment. The market might go down--or the market might go up, but your investment might go down anyway. The company that issued your stock or bond might

Gold as an investment

There are those who point to the 1980 peak gold price of $850/oz and observe that the price would have to go up to $2149/oz just to get back to that point. I say, take a second lo

Does the Forever Stamp Make Cents?

The United States Postal Service announced that they may issue a "forever stamp" - that is, a stamp that you can buy now, at a given price, that will be good into eternity. [more]