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The Young Investors Podcast
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Is Inflation Too Fast?
If inflation goes up by too much too quickly, then this is something that i learnt from elon musk a. Ah, there's kind of two factors to any purchase. There's the value for money aspect, and then there's the affordability aspect. If you buy a tesler, you are getting the best car but their cars simply aren't affordable for some. So, yes, ili obviously want inflation. Ata small amount is fine. But if you have inflation too fast, then it just means that a lot of people can't afford stuff, and it has really detrimental effects.
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