In this episode of the #OnAviationPodcast, we discuss how #inflation affects the #incomes of individuals and businesses within the #aviation industry. We define #RealIncome and provide some insights into how individuals and businesses within the industry can deal with rising inflation moving forward, particularly as it relates to #income.
#aviationindustry #CPI #costofliving #prices
https://www.linkedin.com/pulse/your-money-how-inflation-destroys-real-income-orlando-o-spencer-i-/
Your Money: How Inflation Destroys Real Income
For individuals and businesses alike operating within the aviation industry, inflation can be quite devastating. First, inflation causes businesses to raise prices to compensate for the increased cost of producing goods and services to consumers within the industry.