- Inflation is different for each individual, and it’s probably higher than reported for the majority of us.
- It isn’t in the interest of any government to have higher inflation as many payments would have to be adjusted, from pensions to salaries.
- The key is that you have to invest by keeping the real and not the reported inflation in mind.
What we’ve been looking at for the past 35 years is an environment with declining and low inflation. However, that’s because inflation is usually represented by only one number which is calculated in a distorted way and has to comprehend many various factors of which each impacts us differently. More →