Wherewithal » Blog Archives

Tag Archives: inflation

Investing 101

The Invisible Tax: Inflation and Its Effects

A rose by any other name might still be a rose, but what about a dollar? Is the worth of a dollar today the same as it was back in, say, 1970? Or, for a sweeter example, what about the price of a can of Coke? In 1974, a glass bottle of Coke was $0.10. Today, a can of Coke will cost you around $1.20. Why the price change? In one word: inflation. From a can of Coke to your investment portfolio, inflation leaves no survivors in its wake. Continue reading

Published by:
Investing 101

Mad Men Economics: A Lesson on Inflation from Don Draper and Crew

Surprising spikes in inflation — like gas prices during the oil embargo of the 1970s — tend to leave a mark on our financial consciousness. But the long-term corrosion of rising prices is just as important to your financial health. It might not seem like it now, but a few decades from today you will look back at the prices you paid for cars, homes, even a simple snack, and marvel at how cheap everything used to be. Continue reading

Published by: