The Dangers of Inflation. Are You Prepared?
Inflation is coming! Food prices, fuel and energy prices are rising due to worker shortages from Brexit and supply chain issues from the pandemic. 40% of all the dollars in all existence was printed in the last 12 months. Leading to too much money chasing the same amount of goods in circulation. This means the pound coin in your back pocket is worth LESS than a year ago. The Retail price index was 4.8% in August, which measures inflation in the UK according to the Office of National Statistics and is expected to get worse. The good news is that you CAN do something about this. You as an investor can even benefit from inflation by taking certain actions that we give away in this podcast. Listen to today's podcast where we help you to prepare for the coming wave of inflation. What are you doing to prepare for the coming inflation?