You probably realize that you need to save money. What you may fail to realize is the importance of thinking about how you will do it. Like most people, your first instinct may be to deposit your money into a savings account. Doing so is easy, convenient and familiar. But is it smart? Some people [...]
Entries Tagged as 'inflation'
A Warning About Savings Accounts
April 5th, 2011 · No Comments · Banking
Tags: banks·emergency cash·financial advisors·financial institutions·inflation·interest·savings accounts
Deflation Could be Here – and It’s Not a Good Thing
April 17th, 2009 · 4 Comments · Economy
On Wednesday, the Labor Department reported that in March the consumer-price index slipped 0.4% below its year-earlier level, the first decline in over 50 years. The “core” CPI, which excludes food and energy prices, was up 1.8%, but it is possible that even people who don’t drive or eat could see price declines in the months to come.
Tags: Ben Bernake·consumer price index·deflation·Economy·inflation·Labor Department·negative inflation
