While it may be most noticeable on the things we buy, inflation can also have a massive impact on our savings, potentially derailing your financial goals. Q1 2022 hedge fund letters, conferences and more Inflation BasicsWhile the term inflation is banded around on financial programs, the news, and even by consumer groups, many people don’t actually understand the fundamentals of “what is inflation?” In general terms, inflation is the rate at which the prices of goods and services increase. This can be due to an increase in production costs for those goods or services or as a result of higher d…