Tactics for Limiting the Impact of Inflation

Inflation has been one of the main concerns that has arisen over the last year as we collectively attempt to resume our lives following the onset of the Covid-19 pandemic. There are daily reminders that consumer prices are rising, which appears to be the result of a confluence of factors, including: increased demand for goods and services following the shutdowns of 2020, supply shocks caused by a reduced labor force, and public policy making it cheaper to borrow money. Even with prices rising, there are ways you can limit inflation’s effect.