The Illusionary Index

The Consumer Price Index (CPI) is one of the most closely watched indices by mainstream media, especially as of late. The government and media frequently paint an “oh so simple” picture of what the CPI represents, as if it is the final world on inflation...

A Dollar is Not a Dollar

One of the most important concepts for investors to understand is that a dollar today is not the same as a dollar yesterday, and is not the same as a dollar tomorrow. Over time, inflation erodes the purchasing power of currency. This is critically important, because...