Inflation is the continued decrease of a currency’s purchasing power over time. Simply put, as time progresses, you get less and less for your money, prices of goods go up and the overall cost of living increases.Over the past few years, unrestricted money printing and currency devaluation has become a global problem, with many economists suggesting that there is no end in sight to the financial impact this places on the population. The annual inflation rate increased to 8.6% in the US and 9.1% in the UK in June 2022 hitting a 40-year high, while the inflation rate in the Eurozone grew to 8.6%.