What effect does inflation have on me?

What effect does inflation have on me?

The rise in the prices of goods and services and, subsequently, the fall in the purchasing power of each dollar is called inflation. As inflation rises, every dollar will buy a lower quantity of goods or services than it did in the past. Inflation is one of the main...
What is a recession?

What is a recession?

It’s a term that I know I’ve heard thrown around fairly regularly since the start of the year. Every second person appearing on television or social media is hypothesizing that we’re heading for one, with some even arguing that we’re already in one. But I wonder how...