- Theresa Purcell
Inflation is in the headlines. What is inflation? According to Investopedia.com, Inflation is a measure of the rate of rising prices of goods and services in an economy. If inflation is occurring, leading to higher prices for basic necessities such as food, it can have a negative impact on society. Inflation can occur when prices rise due to increases in production costs, such as raw materials and wages. A surge in...