Combatting Inflation: Strategies for Resistance

by | May 17, 2024 | Invest During Inflation | 20 comments

Combatting Inflation: Strategies for Resistance




On episode 359 of Animal Spirits, Michael Batnick and Ben Carlson discuss the suffocating bull market, the other side of government debt, Jerry Seinfeld on when money changed everything, consumers are finally fighting back against inflation, Wall Street translations, who is buying Bitcoin ETFs, the bear case against housing and much more.

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#investing #thecompound #starbucks #inflation…(read more)


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Inflation is the steady increase in prices of goods and services over time. It can eat away at the purchasing power of consumers, making it harder for people to afford the same standard of living. For many people, inflation can be a significant financial burden as it erodes the value of their money. As prices continue to rise, people often find themselves struggling to keep up with their expenses.

However, there are ways that individuals can fight back against inflation and minimize its impact on their finances. One of the most important strategies is to invest in assets that tend to appreciate in value over time. This can include stocks, real estate, and precious metals such as gold and silver. By investing in these assets, individuals can protect their wealth from the effects of inflation and potentially even see it grow over time.

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Another way to combat inflation is to negotiate for higher wages or seek out job opportunities that offer better compensation. With higher wages, individuals are better able to keep up with rising prices and maintain their standard of living. It is also important to keep an eye on market trends and adjust financial plans accordingly. By staying informed and proactive, individuals can take steps to protect themselves from the negative effects of inflation.

Another effective way to fight back against inflation is to budget wisely and live within one’s means. By keeping track of expenses and cutting unnecessary costs, individuals can stretch their dollars further and mitigate the impact of inflation on their finances. Additionally, it may be helpful to set aside a portion of income for savings or investments, ensuring that there is a financial cushion in place for unexpected expenses.

In conclusion, inflation can pose a challenge to individuals’ financial well-being, but there are strategies that can be employed to combat its effects. By investing in assets that appreciate in value, negotiating for higher wages, staying informed about market trends, and budgeting wisely, individuals can protect themselves from the negative impact of inflation. By taking proactive steps to safeguard their finances, individuals can ensure that they are better equipped to weather the storm of rising prices and maintain their purchasing power in the face of inflation.

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20 Comments

  1. @sunnydaze-ij2jf

    i have never had starbucks and never will

  2. @zythum999

    I got Chips Ahoy for $1 47 this week.

  3. @scottireland5414

    Demand destruction when it belatedly appears does help to blunt inflation in specific markets. It's a weapon belonging to the people.

  4. @hangtenboy

    Bought a Nespresso and materials to refill my pods with high quality coffee from local roasters. I don't drink coffee from a chain unless I can't find an independent coffee shop on the road

  5. @tobyhamilton2153

    Bro how can people afford a starbucks everyday! I don't even buy one a year. Let alone every day.

  6. @2358ballin

    Starbucks is the most mediocre coffee on the planet. You must really hate yourself to drink that everyday.

  7. @SuperSnakePlissken

    Anybody that waste their money on Starbucks coffee isn’t serious about watching their money. If you take all the products in America it is the most frivolous expensive item there is.

  8. @DesertScorpionKSA

    I make my own coffee and I don't use sugar. All this fast food will kill you eventually.

  9. @Shamo-yc4vy

    Starbuck coffee is garbage. US people don't know what good coffee is

  10. @longhorndb

    Tools drink Sbux.

  11. @Anonymous-ld7je

    Enrollment in the Starbucks loyalty program grew in the most recent quarter compared to the previous year, though. Check the earnings call. I don't think long time, loyal Starbucks customers are the issue. I think they've utterly lost the occasional, casual customer who is looking to save a few bucks. At least for now.

  12. @drewmiddleton9715

    An adult not brewing their own coffee on the vast majority of days is beyond mind blowing to me

  13. @michaelskyros8803

    If you drink water instead of coffee everyday you will save $3600 a year.

  14. @joey7809

    Before Michael started talking about his personal Starbucks habits on the 2nd podcast of the week, Ben brought up a great point; consumers are at their breaking points and finally changing their habits, which means inflation going forward should slow as consumer demand falls

  15. @kelvinl.3816

    It just show you how lagging "official" inflation data really is. This had led Fed to be late on increasing rates as well as being late on lowering rates. Interest rate is like a hot water faucet at an old house, it takes a long time to take effect. You either get scorching hot or icy cold.

  16. @wootwootwoot32

    Bidenflation. Elections matter.

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