Inflation fears have entered the chat

The pandemic has brought a lot of things: vaccines, masks, anti-maskers and now, inflation fears.

I’m not an economist but like everyone else who has to go grocery shopping every couple of weeks, I’ve noticed that prices for food, lumber and cars have been creeping up for a while.

But what is inflation, how is it measured, and most importantly what does it mean for your spending and will it last? Let’s get into an explainer with a lot of links to opinions and theories by economists.

What is inflation? (The simple explanation)