Breaking Bad Advice

‘Tis the seasons to…pay higher prices? This year Christmas has not only brought with it a heavy dose of hot chocolate, carols, and cookies. It has included a lot of higher prices. Recently, the Bureau of Labor Statistics (BLS) informed us that prices rose by an average of almost 7% from November 2020 to November 2021 – the sharpest rise in prices in nearly 40 years! What does this BLS statistic mean? What factors are causing these price increases? Will prices continue to rise? Is all the money printing in Washington creating inflation? What is inflation, anyway?

In this episode of the Breaking Bad Advice podcast, we shed light on the concept of inflation, its causes, and where it is likely to go from here. If rising prices are affecting you, and you want to have an idea of where things go from here, then tune in!

Oh, and Merry Christmas!

“For to us a child is born, to us a son is given; and the government shall be upon his shoulder, and his name shall be called Wonderful Counselor, Mighty God, Everlasting Father, Prince of Peace.”

Isaiah 9:6

Our modern culture is surrounded by debt. Governments are accumulating debt at a record pace. Is this bad? Does this spell imminent doom for our economy? Does it even matter? In part 2, we will ask and answer these questions and more.

Debt doesn’t have to be a bad word. It can be used productively. But like any tool, it’s misuse can lead to more harm than good. In part 1, we discussed corporate debt along with debts that many households deal with today. In part 2, we will discuss the really ugly use of debt at the federal level and what it could mean for the future.

Our modern culture is surrounded by debt. Households, businesses, and especially governments are accumulating debt at a record pace. Is this bad? Does this spell imminent doom for our economy? Does it even matter? In the next two episodes, we will ask and answer these questions and more.

Debt doesn’t have to be a bad word. It can be used productively. But like any tool, it’s misuse can lead to more harm than good. In part 1, we will discuss corporate debt along with debts that many households deal with today. Following part 1, we discuss the really ugly use of debt at the federal level and what it could mean for the future.

In the first ever episode of Breaking Bad Advice, Joel Hooper and Isaac Halls discuss the thing that is seemingly affecting everyone, inflation. Also discussed, is the ultra-low interest rate environment that we have today and what kind of impact that is having on the economy. Plus, where do we go from here?