In this episode, we chat again with my Dad, Dr. Christopher Erickson about inflation and how it affects our small businesses.
\nWe will be talking about what is inflation? How is it defined? How does it affect our businesses? And will it be going up in the foreseeable future.
\nHow does it affect me?
\nWhat affects inflation?
\nWill printing a bunch of money increase inflation?
\nWill low interest rates for a long time affect it?
\nWhy don\u2019t we want deflation?
\nPrevious Episodes with Dr. Christopher Erickson
\nZC 41 - Ask an Economist, What is "Opportunity Cost"?
\nZC 42 - Fixed and Marginal Costs - Ask an Economist Series
\nBook suggestions on economics and inflation?
\nActionable Things Amazon Sellers can do today with inflation?
\nDon\u2019t be afraid of increasing costs.
\nIf you looking to find a group of like-minded entrepreneurs that can take your business to the next level, check out the Titan Mastermind. Ramon and Andrew are both leaders of this mastermind. https://www.titannetwork.com/#a_aid=Andrew&a_bid=f9c3cffa
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