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The Psychology of Inflation

From awealthofcommonsense.com

A reader asks: I get all the stuff Ben has been saying about inflation — wages have kept pace, economic growth has been higher than the 2010s, wages have risen the most for lower income people, etc. I get all that. My husband and I own a house and own stocks so we’ve benefitted in recent years. Having said all of that, I STILL CAN’T GET OVER HOW HIGH PRICES ARE!!! The grocery store, home/auto insurance, restaurants, babysitters for the kids…everything is more expensive. So how do I get over the sticker shock? Will it just fade eventually as we get used to higher prices? The psychological component of inflation is ... (full story)

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  • Category: Fundamental Analysis