What is inflation? Why are prices rising? Here we demystify inflation, making it a subject that anyone can understand. Inflation is an interesting topic because unless we understand it, it can actually mean we’ll never be rich. This video provides an in-depth but relatively short video on what inflation is, and how to deal with it.

Save to Invest is a channel dedicated to providing you with no nonsense advice on how to save money and what to invest in over the long term. None of John’s solutions are get rich quick. However, what we do guarantee is that these methods will help you improve your credit score and provide you financial security if you adopt them.

Links included might be affiliate links when our channel makes a tiny commission. There is no additional charge to you. This helps us create more great content….(read more)

LEARN ABOUT: Investing During Inflation

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

Inflation is a topic that is commonly discussed in conversations about the economy, but for many people, the concept can be confusing and difficult to understand. So, let’s break it down and demystify what inflation really is.

Inflation is essentially the rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power. In other words, when inflation is high, the same amount of money will buy you less than it did before. This means that prices are going up, and your money is worth less.

There are a few key causes of inflation. One common cause is when demand for goods and services exceeds supply, leading to higher prices. This is known as demand-pull inflation. Another cause is cost-push inflation, where the cost of production increases, leading to higher prices for goods and services.

Inflation can have both positive and negative effects on the economy. On the positive side, moderate inflation can encourage spending and investment, as people are motivated to buy goods and services now before prices go up. It can also help businesses by increasing their revenues and profits.

However, high inflation can have negative consequences. It can erode the value of savings and fixed incomes, as people’s purchasing power decreases. It can also lead to uncertainty in the economy, as businesses may have trouble planning for the future with constantly changing prices.

Central banks and governments typically try to keep inflation in check through monetary policy, such as adjusting interest rates or controlling the money supply. They aim to keep inflation at a stable and low rate to ensure a healthy economy.

In conclusion, inflation is a complex economic concept, but at its core, it is simply the rate at which prices are rising. Understanding inflation is important for everyone, as it can have a significant impact on our daily lives and the overall economy. By demystifying inflation, we can better navigate the world of economics and make informed decisions about our finances.