Articles Tagged ‘rising inflation’

Coping With Potentially Higher Inflation Rates
Monday, May 30th, 2011
Coping With Potentially Higher Inflation RatesGenerally 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...

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