Inflation’s Effects On Upper, Middle, and Lower Class

Lower and Middle Class

The lower class is by far in a way the group of citizens negatively feels the effects of inflation. This class of individuals, for the most part, has a stagnant pay. They do not have the…

The Purchasing Power of Money and Where Its Going

Why Blog About Inflation?

I have chosen to blog about inflation and how average income and cost of living relate to inflation. I am very interested in this topic because it is a topic that affects everyone. I would like to gather more information on how inflation works, who makes the decisions on how often…

Inflation Rates Effects in the Restaurant Industry

To dig a little deeper into how inflation affects specific industries, I interviewed with a local restaurant owner, who also happens to be my boss, Bechara Cobti. Bechara owns Syros, in Lewiston New York. He purchased the business and…

Interview With a Local Business Owner

My father, Ken Lilly, happens to own a landscaping corporation, so I thought he would have some insight about how inflation affects him and his business. He owns and operates Beau Enterprises Inc. located in Lewiston, New York. I had the opportunity to sit down…

A Possible End to Inflation?

I have mainly highlighted in prior blog posts about what could happen if inflation continues the way it has. Prices of everyday goods that consumers are forced to pay just because there is no getting around it, and the purchasing power of money decreases every year. However, in…

Cryptocurrency Correlating to Inflation

How Does Cryptocurrency Relate to Inflation

Cryptocurrency is one of the closest topics that relate to inflation that I could find amongst classmates’ blogs. The reason that inflation correlates is that…