What is Inflation? The Stealthy Thief of your Money!

What is inflation? Is it something that affects us all? Imagine this scenario: you've been saving up for months to buy a new gadget you've had your eye on. You walk into the store with excitement, only to find that the price tag is higher than you expected. You may have just encountered inflation, a stealthy financial adversary that affects us all, often without our awareness.
I should put in a disclaimer that this episode, and all episodes in this series, are not meant to offer any personal financial advice to anyone. My approach is to discuss high-level finance concepts, without getting into the woods of day-to-day personal financial advice, and so no one should use these discussions to engage in any investing activities.
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[@mikeseconomicaffairs]

Inflation is a complex economic concept, but its effects are very real and tangible for all of us.
It's like the silent thief in your purse, always taking a little more than you realize.
By understanding it and taking steps to protect your finances, you can ensure that inflation doesn't sneak up on you and steal your hard-earned money

[@bongumusakowa5452]

Thank You, Sir. The financial market and it effects to the real economy is a very puzzling place, to wrap my mind around especially money creation but curiosity has kept me driven to educate myself.

[@mikeseconomicaffairs]

Thank you