What to do about Inflation?
by Danno It doesn't take a detective to figure out that lots of materials and products out there have increased substantially in price in the last 6-12 months. This is called inflation. It's always there, but it's usually so subtle that no one really talks about it. Recently, especially in things like lumber (+100% in less than a year), everyone is talking about it. Our system is designed to have a small amount of inflation, relatively constantly, which encourages informed people to keep their money circulating through the system (see " Cash is Trash " from last January). Here is a look at the rolling annual inflation over the past 100+ years: The Fed has insisted that the current bout of inflation is directly due to the economy re-opening and is short-term and "transitory" in nature, but no one wants to hear that right now when it's so obvious that they are paying more for stuff. This is arguably the most significant inflation scare since