The Money Farm Team

What Is The Expected Inflation Rate For 2021?

According to Labor Department data released Wednesday, the consumer price index increased by 7% in 2021, the highest 12-month gain since June 1982. The closely watched inflation indicator increased by 0.5 percent in November, beating expectations. Why is inflation in 2021 so high? As fractured supply chains combined with increased consumer demand for secondhand vehicles

What Is The Expected Inflation Rate For 2021? Read More »

Does Inflation Compound?

We use the compound interest formula to calculate the future cost: beginA &= Pleft(1+iright)n &= text times left(text +fracright)n &= text,textend &= text,textend What effect does inflation have on compound interest? Because prices are expected to rise in the future, inflation might erode the value of your investments over time. This is particularly obvious when

Does Inflation Compound? Read More »