A Terrible Way To Protect A Retiree From Inflation
A lot of people seem to think commodities (especially gold) are suitable guards against inflation.
I want to explain why that’s not true – at least over any useful time frame – and then tell you about some of the much better tools available.
French, Bob and Pfau, Wade D. PhD, "A Terrible Way To Protect A Retiree From Inflation" (2016). Faculty Publications. 616.