The Feds are talking about pumping another 2 trillion dollars into the economy. So we wanted to break it down and give our thoughts and get your opinion on what’s gonna to happen next. I’m not an economic expert, but if you’re not familiar with inflation or hyperinflation, we’ll get you up to speed.

Inflation is a sustained increase in the general price level of goods or services in an economy over a period of time. As general prices increase, there’s a fall in the purchasing value of money. Something I buy now is going to become more expensive in the future.

Deflation is the opposite. Goods and services decrease, but the purchasing power of your dollar increases. When things are cheaper, your dollar can go further.

What is hyperinflation and what causes it? Hyperinflation is an excessive & rapid price increase in the economy. It’s typically a 50% increase per month. Hyperinflation starts when a government begins printing money to pay for its spending. As it increases the money supply, prices rise.

If the federal government decides to put in another 2 trillion dollars to help with the economy, do you think we’ll see hyperinflation?

Share your thoughts we want to know! #InvestTogether

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