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September 16, 2009, The Decumulation Beat

The Dollar Is On Plavix, Lipitor and Cialis

By Kerry Pechter   Tue, Sep 15, 2009

Given the possibility of higher inflation ahead, the new PIMCO TIPS payout funds may be just what the doctor ordered.

Compared with countries like Argentina, the United States has been unscathed by Weimar Republic-style hyperinflation in the 20th century. But with the price of cars, or tuition at private colleges, or a copy of the New York Times up tenfold since 1973, we know what chronic mild inflation feels like.


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