Beating Inflation by Hermann Simon & Adam Echter

Author:Hermann Simon & Adam Echter
Language: eng
Format: epub
ISBN: 9783031200939
Publisher: Springer International Publishing

One of the most important effects of digitalization and the internet is the radical increase in transparency. Whereas in earlier times it was laborious, expensive, time-consuming or completely impracticable to collect comprehensive price and value-to-customer comparisons, today this works at the tap of a finger on a computer or smartphone. The information is available at any place and any time. Price comparisons are one of the internet innovations with the greatest impact. Value-to-customer comparisons are likely to become just as important as pure price comparisons. Both aspects of transparency are of great importance for the effects of inflation.

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