Thegrio Politics
@thegriopolitics·150K subscribers·8.3K videos
In the Black: Using Wise Investing To Fight Inflation
Posted
February 7, 2022
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270
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February 7, 2022
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1:38Now PlayingFrom the pump to the produce aisle, inflation is affecting all people.
However, there are things that can be done for people to stop their spending power from decreasing.
According to numbers put together by Consumer Reports, the average price of a new car right now is over $47,000 for the first time.
Franz Warren is the regional director of JP Morgan Wealth Management for the New York and Connecticut region.
He explains the concept of shrinking savings, the numbers in your savings account aren’t getting smaller, the amount of buying power is getting less powerful.
All this and more on “BNC Live.”
To watch BNC programming, visit
Follow BNC on social media:
#Inflation #Investing #BuyingPower
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