US business students earn $18,000 in scholarships annually. There is massive inflation in the US. students respond by asking for an increase in the cost of living on scholarships.
The rate of price growth over a period of time is known as inflation. Inflation is usually a broad measure, such as a general rise in prices or an increase in the cost of living in a country.
There are three main causes of inflation: Demand pull, Cost increase. Inflation expectations.
Historically, collectibles such as fine art, wine, and baseball cards can benefit during periods of inflation when the dollar loses purchasing power. When inflation is high, investors often look to real assets that are likely to retain value through market volatility.
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