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Tag: inflation

The Inflation Paradox: When Perception Clashes with Reality

Back in June 2022, news headlines and social media were screaming about the 9.1% inflation rate. Eighteen months later, in December 2023, inflation was 3.4%—one of the biggest drops in modern history. Yet instead of celebrating, consumers remain anxious, with...

Are We In a Recession? Look to Trustworthy Data for the Answer

When it comes to the economy, the idea of “fake news” is nothing new. We’ve often had a segment of the population believing the US government is intentionally lying. In the early 2000’s, economist Paul Krugman used the term “inflation truthers” to describe...

How Much is “Rich?” Income Vs. Net Worth

How much money does it take to be wealthy? As I’ve pointed out in previous columns, this is basically an unanswerable question. It depends on too many variables, such as social norms, personal circumstances, accounting methods, lifestyle, and financial...

Inflated Fears of “Rigged” Markets and Hyperinflation

Our economy is recovering; the stock market is booming. Yet I’m hearing investors express much more fear now than they did last March when the stock market was falling off a cliff. I see a couple of reasons for this. First, market movements are largely emotional...

National Debt and Making More Money

Watch this video on YouTube Are you concerned about the exploding national debt brought about by the $2.2 trillion CARES relief spending bill and the new $3 trillion spending bill just passed by the House? If so, you are in great company. However, the increase in the...