Ready for an inflation challenge? You’ll put yourself in the position of a 19th century farmer, a 1940s retiree, and a Venezuelan citizen in 2012…will inflation (or deflation) make you a winner or a loser?
Inflation can have dramatic effects on your finances (whether that’s loans, income, and savings) and this video will help you master how to navigate an uncertain inflation environment.
The impact of inflation on the value of the Argentinian peso has been made clear as the country has unveiled a 2,000 peso note worth $8.50 at official exchange rates and $4 in the most commonly used parallel markets.
It highlights how inflation, of nearly 100%, and soon to be 130%, according to many commentators erodes the purchasing power of a currency.