The Truth About Inflation and Deflation
There are warnings from the economic forces that we are in a new period of deflation and there needs to be a mindset adjustment to survive financially. The past 20 years or so have been a blessed time where jobs were plentiful, companies sales volumes increased and stock prices rose accordingly. The next several years will be plagued with quite the opposite. In these times of economic contraction what skills do consumers need to stay afloat? First let’s define inflation and deflation. Inflation is a good and bad thing. The good thing about inflation is that companies are increasing prices