High-Income Inflation

July, 1998

Is inflation really dead? The recent news that Donald Trump put a $17 million price tag on a Manhattan penthouse that may have cost him no more than $4.6 million a couple years back makes you wonder. This month I'll suggest how you might make a buck out of inflation for rich folks.Wall Street's runaway bull market has fueled enormous increases in salaries and bonuses for Wall Street investment bankers, sports figures and entertainment celebrities--as well as in the values of stock options and si...