Planned Solutions

Inflation’s Impact On Households, Businesses, And Government

Informações:

Sinopse

In this episode of the Planned Solutions Incorporated Podcast, As high inflation continues to impact households and businesses, the different segments of the economy are pointing fingers at each other. Households blame government policy for overstimulating the economy last Spring, the government blames businesses for price gouging, and businesses blame households citing the low labor force participation rate that is putting upward pressure on wages. The trust is that each segment of the economy will need to do its part to bring down the rate of inflation. Also, Proponents of virtual currencies have made arguments that these assets would take on the role of other assets, such as gold. The assertion is that virtual currencies would be considered safe assets that increase in value when financial markets are in turmoil and would also serve as a good hedge against inflation. However, the large decline in the value of virtual currencies this year appears to be disproving these arguments. And, Donor Advised Fund