Inflation Explained (and why it's secretly destroying your wallet)

26/05/2023 20 min

Listen "Inflation Explained (and why it's secretly destroying your wallet)"

Episode Synopsis

A comprehensive but easily digestible guide to understanding inflation! In this thought-provoking episode, I delve into the complex world of inflation and shed light on its profound effects on the economy and, ultimately, your personal finances. Join me on this educational journey as I demystify the causes and consequences of the ever-changing inflation landscape.Inflation, the sustained increase in the general price level of goods and services over time, can have far-reaching implications for individuals, businesses, and governments. But what exactly causes inflation? How does it affect the purchasing power of your hard-earned money? And what can you do to protect yourself from its impact?Drawing upon expert insights and real-world examples, I break down the key drivers behind inflation. Whether you're a student, a business professional, or simply a curious individual looking to broaden your economic understanding.Watch "Inflation Explained (and why it's secretly destroying your wallet" today and prepare yourself for the challenges and opportunities that lie ahead.Chapters:00:00 Pre-Cap00:38 What is Inflation?04:31 Why more money has to be printed07:11 Using the Mini Cooper as an example11:47 Why inflation isn't going away12:51 Inflation serves the rich13:23 Real estate is safe BECAUSE of inflation17:40 How we all directly contribute to inflation18:45 The solutionJoin us in Discord by signing up via Patreon: https://www.patreon.com/khurammalik