Inflation

Does Inflation Really Help Debtors?

Does Inflation Really Help Debtors?

I recently interviewed Chuck Butler about winners and losers during inflationary times. I began with: “Historically inflation hurt creditors and helped debtors as they are paying back their obligations in much-depreciated dollars. I’ve had readers ask about borrowing money to invest. Chuck, that concerns me. Many of our readers are baby boomers or retired. …. Are you […]

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Protecting Your Wealth In Tough Times

Since 2008, pundits are screaming – “Inflation is coming!” They are getting louder; do we scoff at the warnings, or take heed? What if they are right? If we take precautions, what harm can we do to our life savings if it doesn’t happen? Baby boomers worked hard and played by the rules. Most are […]

Big bomb of money hundred dollar bills with a burning wick. Little time before the explosion. The concept of financial crisis

Back To The Future Part 2

Last week Chuck Butler and I accepted a challenge from subscriber Charles F. “Describe life in the US 5 years into the loss of our currency reserve status. Winner, Losers, what does gov’t look like on different levels, our position in the world, let your imagination run wild. When I do this my thinking quickly […]

A Possible 456% Winner From This Gambling Stock

A Possible 456% Winner From This Gambling Stock

The financial markets got something of a shock last week, with a higher-than-expected consumer price index (CPI) print. The CPI is a popular measure of consumer prices, so a spike in CPI suggests inflation. On the day of the CPI print, stocks sold off sharply. Clearly, investors were spooked by the specter of looming inflation. […]

Heeding the Warning Signs of Inflation

Heeding the Warning Signs of Inflation

It was a picture-perfect afternoon in Fort Myers, Florida. Jo, Holly, my son Drew, a couple of his college baseball teammates and I decided to take our brand-new boat for a spin in the Gulf. I passed my Coast Guard course and was full of confidence. We barreled toward the markers at the entrance of […]

The Perils Of Inflation

The Perils Of Inflation

Inflation is defined as, “A general increase in prices and fall in the purchasing value of currency.” Inflation is a silent killer of retirement dreams. Most retiree’s income can’t keep up with inflation; even with the social security inflation rider. Jeff Clark’s article, “How to Deprogram Your Friends & Family from the Cult of Fiat Currency,” […]

Will The Stock Market Protect You Against Inflation?

Will The Stock Market Protect You Against Inflation?

How do baby boomers protect their life savings from the ravages of inflation? Our recent interview with Chuck Butler got the attention of many readers. We reviewed how gold and foreign currencies performed during the high inflation Carter years. During a five-year period beginning 1/1/77, we experienced almost 60% inflation. That destroyed a lot of wealth […]