as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what strategies can i use to protect my wealth from inflation?
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if you’ve purchased gas, groceries, a car, a home, or just about anything else lately, you’ve noticed that things are getting more expensive, quickly. in march, inflation reached 8.5%, representing the biggest year-over-year jump in over 4 decades. inflation is typically the result of an imbalance in supply or demand. what makes this period of inflation somewhat unique, however, is that the economy is experiencing pressure from both sides, explains lindsey bell, the chief markets and money strategist for ally financial.
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