Why do governments create inflation? Inflating currencies are really annoying as they not only lead rising prices but obliterate savings. While off-putting at first glance, inflation actually benefits everybody indirectly. Inflation makes long term debt like mortgages easier to pay, encourages investment, fosters economic growth, and much more. This video explains the various benefits of inflation for you and me. Sources: Music: Makai Symphony - Battle In The Snow Mountain ( Makai Symphony - Dragon From Hell ( Makai Symphony - Brave Soul ( Licensed under Creative Commons Attribution Share-Alike 3.0 (... ( read more )
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REVEALED: Best Investment During Inflation
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Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)