Worst Case Scenario: Inflation and Zero Interest Rates

Inflation is felt when prices increase. Inflation is when the prices of products or services increase without products or services changing.

This is what it looks like.

If you can buy a loaf of bread for $2 today, but tomorrow you have to pay $2.50 for that same exact loaf of bread, and this also happens simultaneously with many other products and services, then there is inflation.

This video explains the effect of inflation on your wallet.

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