Is Inflation Real? If So, Is This Good or Bad?

Is Inflation Real? If So, Is This Good or Bad?

Is inflation real? Yup. Is this good or bad? Depends on who you are. Good if your income is growing faster than prices, or you can keep ahead of the game by borrowing. Bad if your income growth lags price growth and you can’t borrow enough to make up the difference. Is that all I need to know about inflation? Nope.