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. Inflation is no joke! Recently, we have seen a 9.1% Inflation rise in June of 2022 and that is the single highest rise since 1981. Inflation is coming for all of us but those that will hurt the most is the middle class.

The Warning Of Inflation has been alarming, but regardless the efforts put forth to stop inflation from rising at rapid rates by raising the interest rates still has not curbed it. Inflation is really rising with several factors including the mass printing of money combined with supply chain issues. Rising costs normally mean rising employee wage pay. However, this time around Inflation has risen 9.1% but pay has dropped by 3.6% and in addition people have lost working hours as well resulting in another 1% wage loss.

This means that inflation is affecting everyone by 13.7% total combined with increase in inflation prices and a drop in wages.

Inflation has hit hard with gasoline leading the way at 69% increase according to the bureau of labor statistics. Airfare because of cost of fuel has also seen a climb of 34%, household energy 21%, transportation and furniture near 20% and so on.

Inflation is going to hurt investors. We need to prepare and money sitting around not gaining 9.1% is in trouble. In fact, Inflation is outperforming most stock markets basically meaning you are taking risks with your investments as they are not catching up to rising costs even if you are making money in the stock market.

In this video, we go over what this 9.1% inflation means.

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