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EPS 41 - Inflation & Tariffs: What They Really Mean for You
Manage episode 500920692 series 3307548
From Jerry explores the real impact of rising prices, inflation, and tariffs—from simple t-shirt math to the historical bread lines of Weimar Germany. He explains how costs trickle down to consumers, why shortages fuel chaos, and how history shows us the dangers of runaway inflation. More, he offers practical advice for protecting your finances today: build an emergency fund, cut high-interest debt, and take control where you can—whether through smarter budgeting, side hustles, or planning ahead.
💬From Tee-shirts to bread Jerry gives a couple of examples to help drive home the point that inflation and tariffs can affect us in some unexpected ways.
📊 Historical Snapshot:
Here’s a striking chart showing the price of bread in Berlin during the Weimar hyperinflation:
- Dec 1918 — 0.5 marks
- Dec 1921 — 4 marks
- Dec 1922 — 163 marks
- Aug 1923 — 69,000 marks
- Oct 1923 — 1.7 billion marks
- Nov 1923 — 201 billion marks
This is what happens when inflation spirals out of control.
(Image: Bread prices in Berlin, 1918–1923)
💬 Have a question or comment? Contact Jerry here
44 episodes
Manage episode 500920692 series 3307548
From Jerry explores the real impact of rising prices, inflation, and tariffs—from simple t-shirt math to the historical bread lines of Weimar Germany. He explains how costs trickle down to consumers, why shortages fuel chaos, and how history shows us the dangers of runaway inflation. More, he offers practical advice for protecting your finances today: build an emergency fund, cut high-interest debt, and take control where you can—whether through smarter budgeting, side hustles, or planning ahead.
💬From Tee-shirts to bread Jerry gives a couple of examples to help drive home the point that inflation and tariffs can affect us in some unexpected ways.
📊 Historical Snapshot:
Here’s a striking chart showing the price of bread in Berlin during the Weimar hyperinflation:
- Dec 1918 — 0.5 marks
- Dec 1921 — 4 marks
- Dec 1922 — 163 marks
- Aug 1923 — 69,000 marks
- Oct 1923 — 1.7 billion marks
- Nov 1923 — 201 billion marks
This is what happens when inflation spirals out of control.
(Image: Bread prices in Berlin, 1918–1923)
💬 Have a question or comment? Contact Jerry here
44 episodes
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