Beware of Inflation: The Bullwhip Effect
Episode description
High Inflation Explained...
This week we dive into one of the major causes for high inflation... Hint, its not excessive money printing.
We discuss the bullwhip effect, how it effects commodities and goods like avocados, lobsters, ammunition, lumber and more. We make this advanced economic topic simple and easy to understand. You can amaze your friends and family with your extensive knowledge about how the economic system works and it might even help you understand how this inflation cycle will play out...
Yes this topic is that important.
Oh did I mention that The Beer Game is a simple way to understand the bullwhip effect as well...
Sorry The Beer Game does not involve drinking beer. Although I won't tell you not to. 🙂
Don't forget to check out our new Bear Market Survival Guide - The Top 12 Bear Market Rules to Help You Survive and Thrive in The Next Bear Market. It will give you simple and easy, actionable advice to set yourself up for success with your investments.
Today's Panelists:
Kirk Chisholm | Innovative Wealth Douglas Heagren | ProCollege Planners
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For more information, visit the show notes at https://moneytreepodcast.com/bullwhip-effect-beware-of-inflation