Welcome to the Stay Walthy podcast. I'm your host, Taylor Schulte, and I am excited to be back on the mainland and behind the microphone after an amazing trip to Hawaii with my family.

This year is my 10-year wedding anniversary. And while on our honeymoon in Kauai, 10 years ago, my wife and I always said

that if we were fortunate enough to have kids, that we would take them there to celebrate our 10

years. So that's what we did. And while it was a long six-hour battle with my one-year-old on the

plane each way, we enjoyed every minute of our trip. But it's good to be back. It really is. And before we

kick things off today, I just want to publicly thank Jeremy Schneider one more time for stepping

in and doing an amazing job taking over the podcast while I was out. If you're on Instagram

and you have not checked out his account over there yet, I highly, highly recommended. There is a reason that

he has created a very engaged tribe of over 400,000 people there. He has such a unique

gift of distilling complex finance and investing topics into these easily digestible images

that he actually designs himself. You can find him at Personal Finance Club,

and if you're not a regular Instagram user like yours truly, check out his website,

personalfinanceclub.com, which has tons of free investing resources and an online forum

that you can engage with and ask questions. Okay, let's get into today's show. I was only away

from the mic for six weeks, but a lot happened during that time period. The S&P 500 rebounded

over 9% after plummeting 20% to start the year. The Fed announced another 75 basis point

interest rate hike. The definition of a recession is, I guess, now up for

debate. And of course, the elephant in the room, inflation in June jumped to 9.1% setting a new

40-year high. While inflation continues to be the hot topic, today I want to talk about the case

for and the risk of deflation. So specifically,

I'm going to cover what deflation is, how deflation impacts our economy, and why it's a risk

that we should be considering. To grab the links and resources mentioned today, just head over

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