High inflation is hitting businesses and households hard in 2022. Across the world, inflation is running high, thanks to factors like pandemic disruptions, monetary stimulus, and supply-chain issues. You’ll see the effects of inflation at the supermarket and the fuel pump – and in your business. Eroding each dollar’s buying power Inflation increases prices, which eats away at the buying power of your dollar. For business owners, that means you’ll encounter higher costs from y