A Warning: Inflation

Inflation is essentially government theft. Let’s talk about it. Inflation occurs when government expands the money supply. The greater the supply, the less scarce – and therefore valuable – something becomes. In our economy, the federal government can expand the money supply through policy. We currently have an inflation rate around 5.9%. In this episode, Stephen discusses what this can mean for everyday wage-earners and investors. Be wise, and keep your eye on the inflation rate.