Although inflation does essentially make your cash on hand less valuable over time, and rampant inflation known as hyperinflation is a destructive and dangerous force in an economy, inflation in ...
Inflation is running rampant through the US economy, and many of the goods and services with the largest price hikes are the ones most necessary to peoples' everyday lives. With the Omicron wave ...
“Even during the pandemic, when inflation was rampant across the economy, most consumer tech products’ prices remained below core inflation,” Kowalski said. To be sure, the information ...
Policymakers often face a choice between rampant inflation and higher unemployment. Rising interest rates can slow inflation, but inflation can reaccelerate if rates come down too soon.
But what is different is that boomers have oriented the US economy for 40 years around their fears of rampant inflation, and the emerging Gen Z economy shows that it could one day be similarly ...