The Pros and Cons of Inflation

It is a higher rate environment. It's also a very high inflation environment. How should that change the way people think of things? Oh, Fessup, I feel very anxious if I don't have a lot of cash. So we always have too much in our checking account. But my husband has finally convinced me that if inflation is running five percent a year, this is no longer some sort of indulgency is willing to put up with it. Moira: "There are always risks around everything that you can do with your money"

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