rising prices

Sticky prices

Posted 5 weeks 3 days ago by Philip Brewer

I'm old enough to remember when a piece of bubble gum was a penny. In fact, it was a penny for most of my youth--and had been a penny for a couple decades before I was born. As inflation began to heat up in the 1960s, though, the Topps company first shrank the size of a piece of gum, and then eventually had to raise the price.

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More than just inflation

Posted 23 weeks 6 days ago 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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How to live with inflation

Posted 24 weeks 1 day ago 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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