After decades of low inflation, prices spiked in the 2020s. Inflation was back, but a generation of managers had little experience with it. That lack of experience caused companies to make mistakes when inflation started its fast ascent. Financial leaders need to relearn the skills and insights that guided companies through the high inflation of the 1970s and 1980s.

This course is broken into two sections. The first section covers some key concepts about inflation. You'll learn:

• What is inflation?
• The Federal Reserve's role in managing inflation
• The indexes used to measure inflation
• How to calculate inflation
• A historical look at inflation and its causes
• The advantages and disadvantages of inflation
• Consumer reactions to inflation

The second section builds on these concepts to provide implications for company financial management. I'll explain:

• How to prepare for inflation
• The importance of cash management
• Ways to earn more income and protect your cash during inflation
• Pricing tactics and strategies
• Inflation implications for capital expenditures
• Tips and ideas for many aspects of company financial management

Course Key Concepts: Inflation, Financial management, Cash flow, Cash management, Economics, Pricing, Capital expenditures, NPV Analysis.