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The WealthCast presents:

Let’s Talk About Inflation

ORIGINALLY POSTED OCTOBER 21st, 2021

Today’s podcast is hosted by co-owner, Jason MacGregor and Cory Laird, CERTIFIED FINANCIAL PLANNER™. Today our Wealth Cast hosts discuss a topic that has been widely discussed in the media recently: inflation. Join us as we define and measure inflation as well as lay out the pros and cons of inflation as a whole.

Show Notes

  • Why has inflation been in the headlines so often? (01:19)
  • What factors cause and impact inflation? (01:45)
  • Definition of inflation. (02:12)
  • How is inflation measured? (02:44)
  • The pros and cons of inflation. The negatives surrounding inflation. (04:14)
  • COLA: cost of living adjustment. (04:56)
  • Inflation risk and inflation rates. (06:05)
  • Inflation is higher than normal. Historically a 3% average inflation rate with a target being in the low 2s. (06:12)
  • Combating inflation. (06:45)
  • What is the impact of wages on inflation? (07:43) Positives of inflation. (08:37)
  • What we don’t want: stagnation or deflation. (09:33)
  • Be sure to not lose purchasing power. (11:18)
  • Check up on your bonds to ensure they are not being hurt by inflation. (12:32)
  • Summarizing inflation. (12:47)
  • Final notes on inflation. (13:38)

To learn more about this topic and to get advice from our team of experts, contact us at info@mmwealth.com or sign up for our newsletter.