The Best 3 Ways to Protect Yourself From Inflation

The Best 3 Ways to Protect Yourself From Inflation

In addition to death and taxes, inflation is another phenomenon that we can expect with near certainty over a period of time. The U.S. has actually gone through many brief periods of deflation, but in general, economic progress is accompanied by inflationary pressures. Inflation may occur when there is too much money in the system, which leads to an escalation in the price of goods. Of course, if a household’s two primary sources of wealth creation—asset and income appreciation—rise at a rate equal to or greater than inflation, the negative effects of inflation are neutralized. Yet, as we’ve seen time and again, […]