This week Carol addresses inflation. Inflation is the gradual rise in prices and decline in purchasing power of your dollars over time. Inflation is at its highest level in 40 years.
Tune in as Carol touches on inflation after years of it being a non-issue. Let's listen and find the meaning and the cost of inflation to you.
In This Episode
1:33 - Inflation Blip?
2:43 - The Difference between then and now
4:09 - Inflation is a stealth tax in reality
5:01 - Effect on Americans purchasing power
5:37 - Protecting the nest egg
7:02 - An Example
7:36 - Bill Reichstein
8:32 - Fighting Inflation
14:55 - Inflation Hedge
16:07 - The reason we like 60/40
Favorite Quotes
"There is no good answer or no perfect answer" - William Bernstein
"Buy gold if you want to hedge inflation, but don't buy gold as part of a doomsday scenario" - Carol Dewey
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