Tag Archives: Inflation
When is a dollar not a dollar?
Last year, I went to a holiday party where a magician performed tricks for small groups of guests during the cocktail hour. One of his tricks involved taking a crisp dollar bill from me, after I’d written my name on … Continue reading
For Real Life? The Important Distinction Between “Real” and “Nominal”
When my 4-year old daughter wants to make sure that something you’ve said is true, she’ll say, “For real life?” It’s an important question, and it’s been fun watching her try to distinguish between illusion and reality. I’ve thought about … Continue reading
Thinking in Real Terms
The following is an interesting and timely article from our friends at Dimensional Fund Advisors that I thought was worth sharing: Since the onset of the financial crisis in late 2007, the Federal Reserve has used interest-rate cuts and other policy … Continue reading
A Royal Affair
April 29th, 2011 marked the wedding date of Great Britain’s Prince William to Kate Middleton. It’s not every day that we get to watch the marriage of a “real life princess.” In fact, the most memorable royal wedding prior to … Continue reading