Prof. Antony Davies: Why the US doesn’t want inflation, explained

Vox recently posted a video explaining how inflation works and why some people want inflation to rise in the US. However, they are not telling the whole story, so we had to set the record straight.

We invited our good friend, professor Antony Davies, to explain what inflation is and how that affects the lives of everyone. He talks about how inflation erodes people’s purchasing power, the role of politicians in all this, and what people can do to protect themselves against inflation. We want to hear what your savings strategies are against inflation. Comment them down below!

Vox’s video: youtube.com