Discussion: "That Pesky Inflation."

timer Asked: Feb 6th, 2019
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Question Description

Read the article U.S. Consumers Have No Tolerance for Inflation. (Links to an external site.)Links to an external site. How have you seen the effects of inflation in you everyday life, and how has it impacted or how might it impact your confidence.

Please find the below link to the article:



- write a paragraph 150- 180 words only. make it very simple

- See the attachment is a classmate post as an example and you will also need it for the next part.

- After writing the initial posting please write a respond to one of the classmate postings. ( a classmate post I chose is attached as a word document). The respond No more than 3 sentences.

- Please use own words. ( No quotes, No citation )

Thank you

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Respond to this post: The effects of inflation are apparent in everyday life by general and gradual increases in goods I buy on a regular basis. To give a very specific example, consider a bottle of pop. I remember stopping at the gas station for a pop after a day of elementary school, and the prices ranged from $0.99 to $1.29, depending on the brand. Now a bottle of soda typically ranges from $1.69 to $1.99 in my experience. I follow the movie industry very closely, and movie tickets are another specific example of something that has experienced significant inflation over the last 15 years. Although inflation is annoying and creates doubts or fear about how expensive a good may be in the future, increases in price are offset by rising annual incomes and the ability to invest earnings at rates higher than inflation. Recently, inflation fears have had a major impact on the stock market, which in turn definitely hurt my portfolio. However, national inflation fears have seemed to subside a bit, and the market is beginning to recover. ...
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Tutor Answer

School: UC Berkeley

Name Professor Class Date That Pesky Inflation Taking a look at almost all products that we use daily, there has been a noticeable change in the prices of the products. The prices have been gradually increasing from time to time. Ranging from housing prices, college fees and even movie tickets inflation has been seen to affect all products. In the year 1960, the median home value was $11,900 which is the same as $98,000 in the current economy currently, it has risen to $210,200 and is still on the rise till now. There has been a shocking growth rate in the cost of higher education from $3,190 in 1987 to $9,970 in the year 2018. This has drastically affected customers spending habits due to the fact that they can’t afford buying all the things they could have bought a few years back. Consumers have become more sensitive to even detect the low inflation rates on commodities’ prices. They have the least confidence on the coun...

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