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Episode 147: Inflating the Economy
Money with Mak and G
English - January 18, 2022 11:00 - 5 minutes - 13.3 MB - ★★★★★ - 34 ratingsEducation Kids & Family business education finance kidsfamily personalfinance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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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!
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