So why is inflation a problem? To answer this question, let's view the following short video (9:17) by Dr. Albert A. Bartlett and apply the exponential growth function to the lowest possible double-digit inflation rate of 10%, the best case scenario that we face based on current predictions.
The above calculation means that if the predicted double digit inflation rate is realized, on average, goods and services will cost twice as much 7 years from now than they do today. This should be a frightening perspective to everyone, especially considering that the odds of your income doubling in the next 7 years, to compensate for inflation, is almost zero.














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