- #1
pandaexpress
- 14
- 0
Hi everyone:
I have a few questions relating to inflation and money, which my roommate and I were talking about over dinner and into breakfast this morning.
First, is there any way to track inflation each year? As in, how do you know how much inflation of the dollar took place for a year or is taking place at anyone time?
Secondly, if you have money and want to put it into an investment or the bank, do these places always beat inflation? If not, is there a way to know beforehand, so you can avoid that place to park your money?
Lastly, is there any way to know how much inflation would take place before it does for any given year?
Thank you all for your help.
I have a few questions relating to inflation and money, which my roommate and I were talking about over dinner and into breakfast this morning.
First, is there any way to track inflation each year? As in, how do you know how much inflation of the dollar took place for a year or is taking place at anyone time?
Secondly, if you have money and want to put it into an investment or the bank, do these places always beat inflation? If not, is there a way to know beforehand, so you can avoid that place to park your money?
Lastly, is there any way to know how much inflation would take place before it does for any given year?
Thank you all for your help.