Generally speaking, inflation occurs when the price of goods and services increase over time. For consumers, inflation is usually considered to be a bad thing, because your money will buy fewer and fewer things. If your income is growing at a rate faster than the rate of inflation then you won’t have this reduced spending power. However, many workers are finding that their incomes aren’t rising fast enough to keep up.
From a saver’ s perspective, however, inflation isn’t a bad thing. Rising interest rates go hand in hand with rising inflation, including the interest rates that are available... Articles Tagged ‘inflation’
Coping With Potentially Higher Inflation Rates
Generally speaking, inflation occurs when the price of goods and services increase over time. For consumers, inflation is usually considered to be a bad thing, because your money will buy fewer and fewer things. If your income is growing at a rate faster than the rate of inflation then you won’t have this reduced spending power. However, many workers are finding that their incomes aren’t rising fast enough to keep up.
From a saver’ s perspective, however, inflation isn’t a bad thing. Rising interest rates go hand in hand with rising inflation, including the interest rates that are available...
Monday, May 30th, 2011
Generally speaking, inflation occurs when the price of goods and services increase over time. For consumers, inflation is usually considered to be a bad thing, because your money will buy fewer and fewer things. If your income is growing at a rate faster than the rate of inflation then you won’t have this reduced spending power. However, many workers are finding that their incomes aren’t rising fast enough to keep up.
From a saver’ s perspective, however, inflation isn’t a bad thing. Rising interest rates go hand in hand with rising inflation, including the interest rates that are available... How an Upcoming Inflationary Period Can Affect You
The concept of inflation is pretty simple. It is defined as a general rise in prices in an economy over a given amount of time. There is some debate about the causes of inflation, but its effects on consumers are clear. It reduces the value of currency, which means that the same amount of money buys us a lower amount of goods and services than it did before.
The rate of inflation varies from year to year. Monetary authorities strive to keep inflation low and steady, but sometimes it rises due to circumstances beyond their control. Fortunately, rising inflation rates...
Tuesday, May 24th, 2011
The concept of inflation is pretty simple. It is defined as a general rise in prices in an economy over a given amount of time. There is some debate about the causes of inflation, but its effects on consumers are clear. It reduces the value of currency, which means that the same amount of money buys us a lower amount of goods and services than it did before.
The rate of inflation varies from year to year. Monetary authorities strive to keep inflation low and steady, but sometimes it rises due to circumstances beyond their control. Fortunately, rising inflation rates... 
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