And people are so clueless about inflation or the Fed. Add to that the braindead media pumping out articles about how high inflation is a good thing or the economy is actually great but we are too stupid to see it.
Oh, Inflation can be a very good thing... if, say, you're borrowing a shit-ton of money on a fixed-rate lone, or are paying off on a fixed-rate mortgage.
Not something most people are casually going to be doing.
I've found over the years that financial stuff isn't very intuitive, even to very smart people.
Fun little aside, apparently it's a bit of a stereotype that doctors are very bad with money. Clearly, I need to work on getting a Dr Sugar Momma to make sure she doesn't spend herself into the poor-house. (I would never do this. This is horrible advise.)
And people are so clueless about inflation or the Fed. Add to that the braindead media pumping out articles about how high inflation is a good thing or the economy is actually great but we are too stupid to see it.
Oh, Inflation can be a very good thing... if, say, you're borrowing a shit-ton of money on a fixed-rate lone, or are paying off on a fixed-rate mortgage.
Not something most people are casually going to be doing.
I've found over the years that financial stuff isn't very intuitive, even to very smart people.
Fun little aside, apparently it's a bit of a stereotype that doctors are very bad with money. Clearly, I need to work on getting a Dr Sugar Momma to make sure she doesn't spend herself into the poor-house. (I would never do this. This is horrible advise.)