It is difficult to engage in long-term financial planning when inflation is

Question

Quizplus · Accepted Answer

High and volatile inflation makes it difficult to accurately plan long-term finances as the value of money rapidly changes, making it hard to predict future costs and returns. Low and stable inflation, on the other hand, allows for more precision in financial planning, and accounting for inflation through indexing or having predictable inflation can provide additional certainty.

It Is Difficult to Engage in Long-Term Financial Planning When