The battle against inflation rages on, but it’s worthwhile despite the pain
The battle against inflation is taking casualties. Inflation eats into every family’s discretionary income. It is an obvious hurdle for the stock market. It is also an inevitable part of longer-term economic cycles. So, while it’s OK to grit your teeth when ordering an $11 bowl of soup, paying $5 per gallon of gas or buying a house with a 6% interest rate on your mortgage, remember that inflation will not remain this high and neither will the financial pain that comes with it.