{"id":531,"date":"2009-12-11T06:00:49","date_gmt":"2009-12-11T12:00:49","guid":{"rendered":"http:\/\/seanthorenson.wordpress.com\/?p=531"},"modified":"2014-10-10T21:40:41","modified_gmt":"2014-10-11T02:40:41","slug":"inflation","status":"publish","type":"post","link":"https:\/\/www.thorenson.com\/inklings\/inflation\/","title":{"rendered":"Inflation"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-533\" title=\"penny\" src=\"https:\/\/www.thorenson.com\/inklings\/wp-content\/uploads\/2014\/penny1.gif\" alt=\"\" width=\"232\" height=\"450\" \/><\/p>\n<p><strong>What&#8217;s a dollar worth these days?<\/strong> Just Tuesday, we met with our new financial adviser (for the record \u2013 we didn&#8217;t fire our last one, he quit the firm) and looked over some of our retirement accounts and investments. It&#8217;s crazy to see what the past year of recession economics has done to our portfolio. We were assured that as a nation we&#8217;re on the way out, but we still have a ways to go. The president was <a href=\"http:\/\/www.google.com\/hostednews\/ap\/article\/ALeqM5jy6s4th2AWz2wvrF9UGpJs3t_WxgD9CF8RGO0\" target=\"_blank\">quoted<\/a> recently stating that the answer is to &#8220;spend our way out&#8221; of this downturn. I wasn&#8217;t an economics major, but I realize that when times are tough people tend to spend LESS and save MORE. I even heard that because so many people are saving, it&#8217;s destroying the credit card industry (I find it ironic that this is viewed as a problem, but then I&#8217;m not in the credit card business). So, do we spend money we don&#8217;t have to get out of debt? It&#8217;s an interesting premise. I&#8217;ll let the econ geniuses wrestle with that one.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What&#8217;s a dollar worth these days? Just Tuesday, we met with our new financial adviser (for the record \u2013 we didn&#8217;t fire our last one, he quit the firm) and looked over some of our retirement accounts and investments. It&#8217;s crazy to see what the past year of recession economics has done to our portfolio. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[11,134,24],"tags":[135,137,136],"class_list":["post-531","post","type-post","status-publish","format-standard","hentry","category-finances","category-money","category-observations","tag-debt","tag-inflation","tag-recession"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/p3XRuE-8z","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.thorenson.com\/inklings\/wp-json\/wp\/v2\/posts\/531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thorenson.com\/inklings\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thorenson.com\/inklings\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thorenson.com\/inklings\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thorenson.com\/inklings\/wp-json\/wp\/v2\/comments?post=531"}],"version-history":[{"count":2,"href":"https:\/\/www.thorenson.com\/inklings\/wp-json\/wp\/v2\/posts\/531\/revisions"}],"predecessor-version":[{"id":7662,"href":"https:\/\/www.thorenson.com\/inklings\/wp-json\/wp\/v2\/posts\/531\/revisions\/7662"}],"wp:attachment":[{"href":"https:\/\/www.thorenson.com\/inklings\/wp-json\/wp\/v2\/media?parent=531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thorenson.com\/inklings\/wp-json\/wp\/v2\/categories?post=531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thorenson.com\/inklings\/wp-json\/wp\/v2\/tags?post=531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}