Inflation and the state of the economy: What history can teach us
Sudden changes in lifestyle may be behind us but some changes to supply, demand, spending, and the economy are sticking around. How can tax and accounting firms — the experts that your clients rely on to understand their financials — provide reliable insights?
Nobody offers a crystal ball, yet history provides a greater understanding of inflation and what it does to the economy. In this white paper, let’s return to the basics:
- What inflation is and how to measure it today.
- Is a recession right behind?
- Possible mitigation for the risks and effects.