A Strategy For Inflationary Times

June 2, 2008

Retro styles are in vogue. Unfortunately, so are retro economic conditions. The world, and the United States in particular, may be entering an era of higher inflation much like the 1970s. Need proof? Gusher-high oil prices. Check. Continually rising food and commodity prices. Check. Collapsing dollar. Check. Fondue is popular. Check. While we cannot see the future, we can use the 1970s experience to help us guard against the damage …

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