After death and taxes, inflation is the only event that we can reasonably forecast over a long period of time. When there is an abundance of money in the economy, it can lead to an increase in the cost of goods. The negative effects of rising costs of goods and services are reduced because asset and income appreciation rise at a rate that is equal to or greater than inflation. You’ve probably noticed that the cost of living has increased over time. The government uses a lot of different ways to figure this out, including the Consumer Price Index (CPI). What can you do to ensure that your standard of…