Will McIntosh-Whyte: Why inflation can be like ageing

It shocks you

clock • 3 min read

It can be hard to spot the time flowing by as the days roll into weeks and months into years, says multi-asset fund manager Will McIntosh-Whyte. And you better be careful, he warns, because inflation works just the same way

A friend of mine recently remarked that, for the first time, she had started to "feel like an adult". In other words, started to "feel old". It was not related to any specific event. She got married the better part of a decade ago, has two kids, a mortgage and has had a number of careers. But, recently, something has changed. Getting old happens gradually and then it shocks you - like absentmindedly filling a glass until it suddenly overflows. Ageing is not really something you notice on a day-to-day basis. You get up every day and the person in the mirror is identical to the one who was...

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