The Importance of Inflation

Inflation can be a bad thing because of some sort of obvious things but one is If you have a fixed income And you're living off a pension or something a lot of times most times That pension isn't going to go up because inflation goes up Luckily, social security does it's tied to that cpi Which was a really smart thing to make people like not absolutely loath social security in every way sure. But yeah, social security will go up, but your pension won't so that's a big deal and that's why inflation matters. It also has an effect on investments too. Yeah, if you have an investment is worth 10 grand five years from now. Uh, you know