1993: Inflation Pontification by Jeremy Jacobson
Optimal Finance Daily - Financial Independence and Money Advice
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Earning Additional Income Is a Good Option
High inflation is terrible for bonds and cash, we have nearly eliminated these from our portfolio. As interest reats rise, bond prices will fall, and the purchasing power of cash will just wither away. By contrast, companies that can raise their prices to offset increased supply and labor costs will continue to flourish. Earning additional income is also a good option. It might even be fun tlearn to drive a fork lift. And casco is hiring.
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