Inflation, Recession & Supply Chains (What to Expect in 2022?)

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Today we are going to discuss supply chains, inflation and recession. We'll cover how people behave during these extreme conditions in economy, and why their behavior is often not what you would think.

Inflation is the rate of increase in prices over a given period of time. Inflation is typically a broad measure, such as the overall increase in prices or the increase in the cost of living in a country.

Recession, in economics, a downward trend in the business cycle characterized by a decline in production and employment, which in turn causes the incomes and spending of households to decline.

How does this affect one's strategy, savings and investments? How to plan ahead before these extremes happen? Should we be concerned about inflation and recession in 2022?

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