Inflation is hitting hard in 2022

29 Apr: Inflation is hitting hard in 2022

Why is everything more expensive than ever before? It’s not an exaggeration. It’s inflation. We’re seeing it here in Belize as well. $1 BZD or more for bread, gas is over $13 BZD a gallon, Dollar wings is now $1.50 wings. It’s all going up… but why? What is Inflation? ‘Inflation’ is the gradual decrease in your money’s purchasing power which is reflected by a general increase in the prices of goods and services. Simply put, when prices go up then your dollar can’t stretch as far as it used to and you have to buy less. However, inflation isn’t…