In episode 4 we take you through the nuances of inflationInflation is a common term thrown around in economics lessons and by politicians around election time. What it means in simple language is that prices of things you buy, stuff, keeps increasing every year. It happens because the economy in... More. InflationInflation is a common term thrown around in economics lessons and by politicians around election time. What it means in simple language is that prices of things you buy, stuff, keeps increasing every year. It happens because the economy in... More is the consistent rise in prices of stuff we buy or services we pay for, over time. In an economy which is growing, you have to expect some price rise every year, it’s unavoidable.
You cannot hide or run from this devaluation of your money. However, to make your money worth more, you need to invest wisely in an investmentAn investment is made to give you a return. You make an investment if you use your money to buy either physical assets like property or financial assets like bonds and equity with an aim to receive income or gains... where the value of your rupee grows more than the rate of inflationInflation is a common term thrown around in economics lessons and by politicians around election time. What it means in simple language is that prices of things you buy, stuff, keeps increasing every year. It happens because the economy in... More.