Monday, May 26, 2008

Inflate and/or Die

May 2, 2008
Time to buy an I bond has passed

Most investors, she says, can't afford "not to have money grow at all."

February 1, 2007
Savings At Lowest Rate Since Depression

"Sooner or later, we think, the increases in value of the stock market and homes will not be great enough to reassure most Americans that they have enough savings, but right now, it hasn't stopped," he said. "It explains the continued strength of the economy."

Sooner or later has a nasty way of sneaking up on a person.

2 comments:

Anonymous said...

Most investors, she says, can't afford "not to have money grow at all."

Oh, don't worry about that. You're money's gonna grow! So get out your disco balls and platform shoes, it's time to party.

Just don't ask us about purchasing power.

Stagflationary Mark said...

AllanF,

You joke. Which platform shoes will we pick though? 1970s style? Or 1930s style?

May 18, 2008
The height of fashion: Our fascination with platform shoes goes way back
http://seattletimes.nwsource.com/html/living/2004419386_platformshoes18.html

Yep, platform shoes are back.

The 1930s saw the platform return. Maybe women hoped to stand above the turmoil of the times.

Learn something new (and discouraging) every day.