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Topic: Business
Number of pages / Number of words: 7 / 1736
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Due to inflation, your goals may cost more in the future than today. A meal that costs $10 today may cost $10.36 in one year. A car that costs $10,000 today may cost $10,359 in one year, and almost $12,000 in only 5 years. So, when planning for the future, you must consider inflation and the effect it may have on your goals...


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So, when planning for the future, you must consider inflation and the effect it may have on your goals.

2. REAL WAGES OF EMPLOYEES:

Many people dislike inflation because they feel it makes it easier for the government, employers, financial institutions, and others to deceive them. One of the most important things about inflation is that the confusion caused by price changes enables people to play tricks on employees, at their expense...


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