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In finance, inflation is this "not-enough" villain that's always hiding in the shadows. We are good at figuring out how much stuff we can buy today; that mental math is easy. BUT this idea that our money loses its potency over time makes it very hard for us to figure out what we can afford tomorrow.
We are all looking for practical ways to combat the fact that a dollar is a dollar today, just as it is tomorrow, but a dollar will buy less today than it did yesterday and even less tomorrow (that's a tongue twister). We are all in search of practical ways to hedge inflation.
Inflation is top of mind right now, and it's everywhere we look these days - from newspaper headlines to political speeches to the gas prices at the pump.
Links mentioned in this episode:
5
3232 ratings
In finance, inflation is this "not-enough" villain that's always hiding in the shadows. We are good at figuring out how much stuff we can buy today; that mental math is easy. BUT this idea that our money loses its potency over time makes it very hard for us to figure out what we can afford tomorrow.
We are all looking for practical ways to combat the fact that a dollar is a dollar today, just as it is tomorrow, but a dollar will buy less today than it did yesterday and even less tomorrow (that's a tongue twister). We are all in search of practical ways to hedge inflation.
Inflation is top of mind right now, and it's everywhere we look these days - from newspaper headlines to political speeches to the gas prices at the pump.
Links mentioned in this episode:
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