
On this episode of Porch Beers, Brett asks Dr. Trogdon about inflation, what does the increase mean in macro terms, and how do we evolve to stay steady during economic changes. The conversation was tipped off by the October 2021 inflation rate breaking 6%, after a fairly long run between 1% and 3%. Trog breaks down what the number really means in a theoretical and practical sense, and then walks us through consumption and saving thoughts to make sure that we don't loose ground on our goals. Along the way, Trog talks about negotiating your salary while exploring the job market, and why we should probably do a follow up episode in a few months to check in on the staying power of inflation.
Porch Beers is a series of casual episodes, where Brett asks Trog a question or two cold, that he hasn't heard prior to the conversation. Like most conversations they have over a beverage, Trog doesn't know what will be asked of him at the time. His vast expertise of finance and economic theory is put to the test when he's asked for advice or clarity on the topics discussed. In today's episode we stick to one specific, financial topic: Inflation.
**This is not financial advice. The expressed opinions in the podcast are those of the speakers. You can lose all your money in the various investment options available to you, the cryptocurrency market, the stock markets, or any number of financial investments, so be sure to do your own research before investing.**
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