WIN: Whip Inflation Nonconformably
In recent months, I’ve had several consulting clients ask me about how they might protect themselves from the ravages of inflation. The official rate of inflation is now at 9.2%, but everyone knows that the real-world rate is somewhere north of 14%. I’m offering some concrete suggestions that I will relate in this essay, but first, let me digress into some history: According to the Wikipedia article about the WIN campaign: “[President Gerald] Ford had taken office in August 1974 amidst one of the worst economic crises in US history, marked by high unemployment and inflation rising to 12.3% that …