Saturday, April 19, 2014

blog 10

Part 1:
So last week we went into depth with inflation. Inflation rises prices and decreases money value. COLA talks about the costs of living adjustment. And there are 3 causes to inflation; gov prints too much money, demand-pull inflation, and cost-push. We also learned about deflation.

Part 3:
One thing I undertand more is inflation and how it works. That when someone says we are in a depression I know now that we are actually in a recovery. A slow recovery.

I also learned that based on this class and personal finance that bow is a good time to invest in stocks. Since we are in a recovery even though some sticks may have ups and downs throughout, in general stocks will go up along with the economy.

I also learned why gas prices flucuate up and down. It depends on the amount if gas they have immediat access to.

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