Hey, Investors: Don’t Panic about Inflation. Do This Instead.
There has been news circulating about rising inflation, and it has many people concerned. However, oftentimes the headlines fail to mention that inflation is always present in a healthy economy, and it is not necessarily a bad thing. Inflation is representative of growth that is necessary for recovery after a tumultuous economic crisis. Consumer prices rose 4.2% in the 12-month period ending in April, which is the largest increase in over a decade.
Many economies are now reopening, and people are also, inflation is expected to continue to rise. Prices of commodities could continue to increase with the government strategizing to offer another fiscal aid to citizens.
