We all know the prices of things tend to go up overtime.
When prices go up, it’s called inflation. And when prices don’t go up, it means the Federal Reserve has a problem. That’s because the Fed has a dual mandate, which is to help promote maximum employment and keep inflation around 2%.
But why is that so important?
Because commodity prices are going through the roof (and everywhere else from the supermarket to the pump), we thought we’d share a video on why inflation is so important and what’s giving the Fed the ammunition it needs to keep pumping the system with easy money.