Category: Inflation

The central concept of this blog. The rate of the general increase of prices of a basket of goods.

The brilliance of paying cash for (just about) everything

I’ve recently adopted the habit of paying cash for just about everything in my everyday personal expenses. This came on the back of a conversation with a work colleague who swears by it.

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Why it’s a good idea now to start using inflation smart strategies

New Zealand is nearing full employment. The government has just announced a series of increases not only to the minimum wage, but to allowances and pensions as well. Fuel has jumped above $2 per litre for most parts of New Zealand, with a clear plan to increase the excise by 3c per litre per year. So why is now a good time, with all the money going around, to start to adopt some inflation-smart practices?

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The Nature of Inflation

It always used to bug me as a kid when I’d go to the local dairy and spot the soft drink that had once costed $1.40 now gone up to $1.60. As a kid, on a fairly limited income (called “pocket money”), these not-too-subtle price changes could easily cut into my purchasing potential.

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Does Inflation Provide An Incentive For People To Go Into Debt?

One of the hottest topics within left wing economics is the effect that capitalism has on wealth distribution. Put simply, the fact that the rich get richer and the poor get poorer, and this so-called ‘wealth gap’ seems only to widen over time, and to put to death the lie that free market capitalism somehow creates the best allocation of resources for all concerned.

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