Introduction. 1  Guardianship, also, referred to as conservatorship, is a legal process, utilized when a person can no longer make or communicate safe or sound decisions about his/her person and/or property or has become susceptible to fraud or undue influence.
However, inflation isnât about rising prices; itâs about an expanding money supply. Higher prices are a consequence of inflation, not inflation itself. While short-term inflation can raise prices and wages and have little detrimental effects to the economy, sustained long-term inflation can be very harmful. If left unchecked, inflation can become hyperinflation, a condition where a fiat currency becomes so diluted, itâs practically worthless.
Inflation is important if you are holding bonds or Treasury notes. These fixed income assets pay the same amount each year. As inflation rises faster than the return on these assets, they become less valuable. That's when people rush to sell them, further depreciating their value. When that happens, the U.S. government is forced to offer higher Treasury yields to sell them at all.