
Fed Chairman Jerome Powell said on Monday that inflation is too high and that the FED is ready to take action as needed. Powell’s tone has shifted tremendously since last year, when he described the inflation we were seeing as "transitory," meaning that it would soon pass.
Luckily, there are ways we can use our money to offset inflation. Investing in inflationary times is a daunting task, you certainly do not want to lose money while the dollar is losing value.