Has your grandfather ever told you that in his day, you could buy a whole shopping cart of groceries for $10? Or that a movie used to be a quarter?
He was talking about inflation. In short, your money doesn’t buy as much as it used to. How does this happen? Well, that’s where it gets a little more complex.
Luckily, we have Jeremy Quittner, Stash’s financial writer, to explain it all to us. We tackle inflation, interest rates, and how it all affects the economy.
Thanks for listening to Teach Me How to Money. Send us your questions at teachmehowtomoney@stashinvest.com, and we'll try to answer the on a future episode.
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