What is INFLATION and What Causes it? Inflation explained for Beginers

What is inflation?
Inflation is a scary thing. It happens when the value of money goes down, and it can be incredibly harmful to your savings and investments.

But did you know there are actually two kinds of inflation?

The first kind—price inflation—is the most common and what most people think of when they hear the word "inflation."
When prices go up for things like food, rent, or gas, that's price inflation.

But there's another kind of inflation that some economists have been talking about: monetary inflation.
This is when the amount of money in circulation increases faster than the rate at which goods and services are being produced. When there's more money than there should be in circulation relative to other goods and services, it causes price inflation—and that means you may have to pay more for everything from eggs to cars to loans!

Inflation is a difficult concept to explain, but this video breaks it down in simple terms. Learn about how inflation works and how you can protect yourself from the dangers of high inflation.

Enjoy this video.
____________________________

For more content like this VISIT our 🤑 YouTube 🤑 Chanel:
https://www.youtube.com/channel/UC64k4QOpjNxNtL62l9YAKtg

____________________________
Awesome Goodis 👇
Do you want to develop yourself personally and financially?
Here are some amazing products that can get you where you belong.👇

✨ Investing in dividend stocks is a great way to create a passive income stream. By investing in high-quality companies with strong track records of paying dividends, you can build a portfolio that will provide consistent income payments for years to come.
➡️ https://bit.ly/high-dividend-stocks

✨ Has HIGH Inflation Affected Your Financial Situation? Not Enough Money To Pay Your Bills? Or Just Struggling Pay Check TO Pay Check?
Here Is How You Can Fix It IMMEDIATELY!
➡️ https://bit.ly/miracle_money_magnet

✨ Looking for something that could elevate your trading results up to a new level and therefore the quality of your life?
➡️ https://bit.ly/forexstarligh

✨ Learn the NFT Secrets that 99% of people don’t Know yet.. Will you grab it before it's too late to cash in on this gold rush?
➡️ https://bit.ly/club-nftninja

✨ FX Power Trades, a fully automated trading solution for Retail Traders.
➡️ https://bit.ly/FX-POWER-TRADES
____________________________
💸 Do you want to support our channel❓
Then visit our Merch Shop and carry our message into the world.
Become part of the 101 family
⭐ https://bit.ly/Financial-E-Merch_Shop ⭐
____________________________
____________________________
DISCLAIMER: We are not financial advisers. These videos are for educational and entertainment purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your responsibility.
The Links under “awesome Goodis” are affiliate links, meaning if you make a purchase using the link, We will receive a small commission at no extra charge to the buyer.
____________________________