Inflation

Gas prices are above $4 a gallon in every state for the first time ever, and with the average price of gasoline posting another new record Thursday, it’s causing shoppers to alter their appetites at the grocery store.

Inflation predictions were so wrong for so long, the real thing has flummoxed us entirely. The other problem with this abrupt price change is the number of things to blame.

Decision making changes during periods of inflation. If the historic inflation continues, knowing how inflation impacts decision making will help you make better choices, and your plans will be more likely to succeed.