I am going to be speaking on a panel on "Investing in Inflation" tomorrow. And I thought I would put forward some ideas here regarding what I intend to say. The key word describing where we are is biflation, meaning inflation in some things but not in others. I tend to think about in terms of inflation in the things you need on a daily basis like food, gas, education, and healthcare but no inflation or even deflation in the things you don't need every day like cars, refrigerators, iPhones, computers. Here's why.
We are living in a global world now. Not only is it global but it is an interconnected world too. That means it is a lot easier to arbitrage your local infrastructure. I think of the Internet this way. I can buy a lot of things from some guy in Ontario, Canada that I used to have t...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.