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decades. goods prices alone up over 50% in the past year. so what is inflation? you know, this issue could actually get lost in economic jargon. the bottom line, inflation is a rise in prices. when many prices start going up, the real value of your salary, your money drops. so you re working just as hard, getting the same salary, but suddenly it doesn t go as far because what you could afford yesterday you can t afford today. inflation is now surging to a 40-year high. you can think of this as a lateral version of fat joe s iconic phrase, yesterday s price is not today s price, which caught on last year. yesterday s price is not today s price. as fat joe was saying, yesterday s price is not today s price. just remember that yesterday s price is not today s
Inflation
Prices
Issue
Rise
Goods-prices
Bottom-line
Jargon
50
Salary
Hard
Money-drops
Value