Economics 101

Inflation: Passive Expense and How Much Just To Keep Up?

Juan's PHP1,000 in 2006 should be PHP1,395 in 2014 just to get by, keep up with inflation and retain the same purchasing power for the same level of expenses. With rising needs and standards of living (hence more expenses) and more mouths to feed, keeping up with inflation is not enough. A 40% return in 8 years is then, not enough. Now do your own math. [...]

April 5, 2015 // 0 Comments