I was so proud/impressed when my daughter realised inflation is not prices going up... But fiat money losing value. It was a real aha moment for her!
I was so proud/impressed when my daughter realised inflation is not prices going up... But fiat money losing value. It was a real aha moment for her!
And the extra fact that even things that should be falling in price due to efficiency are also going up in price... Real Inflation is so much higher than we are being told!