Tagged With inflation

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Most of us have a general idea of what inflation means: Stuff gets more expensive. Of course, inflation is a bit more complicated than that. It plays a pretty significant role in your day-to-day finances, from your income to the cost of your milk to how much you'll earn on your retirement savings.

Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.

One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.

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Most of us have a general idea of what inflation means: Stuff gets more expensive. Of course, inflation is a bit more complicated than that. It plays a pretty significant role in your day-to-day finances, from your income to the cost of your milk to how much you'll earn on your retirement savings.