We hear about inflation on the news almost daily. According to The U.S. Bureau of Labor Statistics the United States is experiencing high inflation. In fact, our current inflation rate of nearly 8% is the highest it has been in forty years.  That said, the U.S. has experienced even higher inflation. After World War II the inflation rate was around 15%, which is much more than today’s 8%. 

So, is inflation a big deal?  Do we really need to plan for increased prices? Should business owners be concerned about inflation too?  Jeff tackles these questions and more in this episode from both a personal and business perspective. Since inflation is not going away any time soon, it’s time to address the topic.