Inflation is a rate at which the price of goods and services rises. Impact of inflation is the the increase in the cost of living due to increase in the prices of goods and services. Inflation affects all aspects of the economy, from consumer spending, business investment, employment rates to government programs, tax policies, and interest rates. Understanding inflation is crucial to investing because inflation can reduce the value of investment returns.
At the end of the course, you would be able to understand:
- What is an Inflation ?
- Types of Inflation
- Effects of Inflation
- Hyper inflation