Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy. The FINRA Investor Education Foundation, a financial education nonprofit, ...
Focusing on the annual rate of change, rather than month-to-month inflation changes, distorts the economic reality and makes a bad situation look worse, says economist John Horn. That’s a problem ...
Inflation may not return to normal levels and could come in waves, similar to the 1970s, due to ongoing explosion in US national debt and soaring interest costs. Investors should prepare for a ...