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How Do You Protect Yourself From Inflation
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[QUOTE="Jasz, post: 206824, member: 61772"] To understand how to protect yourself from inflation, it helps to first understand inflation. Inflation is the process of continual increases in the general level of prices of goods and services in an economy over a period of time. There are various measures for calculating inflation, but the two most commonly used ones are the Consumer Price Index, or CPI, and Producer Price Index, or PPI. Like I said Inflation occurs when the price of goods and services increase. Although inflation makes certain goods more affordable, it can have a negative impact on people in several ways. Inflation is just what you have to learn to protect yourself from. Learning to live in a world of inflation requires planning. Inflation is not simply about planning for higher prices in the future. You must also plan for how you will use that money in order to mitigate its effects. Invest on things inflation can have negative effect on, no matter how bad it's I would think investing in gold, a reliable stock market etc. will serve as a measure to counter this situation. What do you think? You can drop your comments so we can talk more on this situation that looks inevitable, yet keeps appearing at some phases in our nations. [/QUOTE]
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