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Episode 147: Inflating the Economy
Manage episode 317867506 series 2514825
If you haven’t noticed what’s going on, prices are going up. Actually, it’s the biggest gain since 1982. That’s 40 years. If your salary goes up 4% and inflation goes up 7%, that means you’ve lost purchasing power. That’s the power to buy things. It affects investments too!
Links and Resources:
Website: Educounting.com Facebook: fb.com/moneywithmakng Twitter: @moneywithmakng Instagram: @moneywithmakng YouTube: Educounting
182 episodes
Manage episode 317867506 series 2514825
If you haven’t noticed what’s going on, prices are going up. Actually, it’s the biggest gain since 1982. That’s 40 years. If your salary goes up 4% and inflation goes up 7%, that means you’ve lost purchasing power. That’s the power to buy things. It affects investments too!
Links and Resources:
Website: Educounting.com Facebook: fb.com/moneywithmakng Twitter: @moneywithmakng Instagram: @moneywithmakng YouTube: Educounting
182 episodes
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