Inflation

Inflation can make many negative effects on people, but we can stop it from making us bankrupt. Some things inflation does is that it lowers how much your money is worth and raises the price of items. Inflation happens because the government starts printing out more paper money than usual, and raises the supply of money, but if the supply of money rises to high, then the value of the money will decrease. Something that I think is important is to have multiple good investments so that if inflation ever comes, the money just keeps on flowing. Another thing is to be more careful on spending because then money will be pretty scarce.
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s