Inflation is the long term rise in the prices of goods and services caused by the devaluation of currency
CURRENT GLOBAL 
INFLATION RATES

2013	3.66%
2014	3.23%
2015	2.79%
2016	2.8%
2017	3.15%
2018	3.31%
2019	3.29%
2020	3.27%
2021	3.2%

Ways to beat inflation:
- Spend less
- Invest on long term (Should yield interests greater than the inflation)
Like gold, real estate or even collectibles
- Be up-to-date with changes in prices and currencies.