Inflation Explained
Current YTD Performance: -$1880
Most of you already know what inflation is and some of the contributing factors behind it. Since I was once clueless as to what inflation truly was, I figured I’d write about it and its impact in today’s world.
What is it :
A concept in which your currency’s buying power decreases and results in value of your money declining as a result in the increase of the cost of general goods such as oil, food, and service. $1 today is worth much less than $1 in 5 yrs. (more…)
