Have you seen the headlines about inflation? Are you concerned?
What do you need to know about inflation? And what should you do about it?
Here’s a quick video that discusses inflation and gives you 3 things to think about.
$50 burgers: Should we worry about inflation?
How much inflation can the country afford before we’re in trouble? Let’s discuss.
First, let’s get on the same page about some basics. If you’ve noticed the price of a thing increasing over time (say, your favorite candy bar or the cost of college tuition), that’s inflation in action. Economists use the broad increase (or decrease) in prices of goods and services across the country as a measure of economic health. When inflation is stable and predictable, it’s a sign of a basically healthy, growing economy.