How Inflation Affects You?: 3 Ways To Fight Back Inflation

In the last 20 years, the actual value of your money has gone down by 40% to 80% depending on the country you live in. If you are American it has gone down by 40%. If you are Indian like me it has gone down by more than 70%. That is inflation (What is inflation?) - it is a measure of the rate of rising prices of goods and services in an economy. And it is at its highest in the last 40 years. In this video, we will explore the causes of inflation, how inflation affects you? and How can you fight back
Time Stamps
00:00 What is inflation?
00:27 How does inflation occur?
01:16 How Government Causes Inflation
02:35 How does inflation affects you
04:50 How to fight back inflation
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Book Recommendation
1. So You Want to Know About Economics -
India - amzn.to/3Afei8J
United States - amzn.to/3OxuHtn
2. IIMA - Day to Day Economics -
India - amzn.to/3nqxM2L
United States - amzn.to/3a4FWus
3. Freakonomics
United States - amzn.to/3bssukj
India - amzn.to/3NMejUZ
My Favorite Books -
Zen Mind By Shunryu Suzuki -
India - amzn.to/3ny1p1g
U.S. - amzn.to/36Azt8X
Mastery by Robert Greene -
India - amzn.to/3vK913J
U.S. - amzn.to/3EyB0sy
IKIGAI -
India - amzn.to/3vPbHxH
Flow - The Psychology Of Optimal Experience -
India - amzn.to/3vJvP4l
US - amzn.to/3xJvGRD
Further Readings -
How your money is losing value?
www.entrepreneur.com/article/...
Investopedia Articles on Inflation and Interest rate changes by Federal reserve
www.investopedia.com/ask/answ...
www.investopedia.com/articles...
www.investopedia.com/articles...
Food Waste Data
www.theecoexperts.co.uk/home-...
www.forbes.com/sites/lanaband...
About Channel
Eclectic is an educational RUclips channel that provides interesting and educational content about a range of political, philosophical, economic, and historical topics.

[@pavanwankhade2605]

Well explained dada, with simplicity thanks a lot 😇😇🙏🙏😃😃😃

[@rushikeshrote4494]

Well done brother👌👌...proud of u💯👍

[@devendrakalpande9698]

Good Job 👍