Prices are rising and not just at the gas station. With our economy in a bit of an uproar and many uncertainties… prices are going up in many sectors. This general price increase is known as inflation. While most people understand that inflation means the prices of things we buy is increasing, there is actually a lot more to this concept. As an economic factor, inflation is caused by an increase in the amount of money and/or credit in relation to the amount of goods and services. It is a balancing act that occurs naturally in any economy. As the … Continue reading →