by Jason Gunkel, CFP®, CFA, CAP®, Chief Investment Officer | August 24, 2021

Duration: 3:20

Show Notes

What was former President Ronald Reagan referring to when he said, “It is as violent as a mugger, as frightening as an armed robber, and as deadly as a hit man?” Inflation!

Is inflation really that frightening? Jason Gunkel, Chief Investment Officer, describes what type of inflation is actually good for the economy and which type is not.

He also gives the definition of hyperinflation and how it affects the economy. Find out what the Federal Reserve’s official inflation target % is and what increases they are willing to tolerate before acting. This Finance Moment also outlines some of the measures the Federal Reserve might take to reduce inflation.

Deflation is described and how the U.S. economy could be negatively affected by it. Mild inflation reduces the risk of deflation.

Lastly, Jason shares what the “period of great moderation” is and when it happened. 

Finance Moment…Syverson Strege’s mini-podcasts to provide rapid-fire information on financial topics of the day.