Inflation :not 100% what the threat is, what can we do to mitigate it?

[Puttingouthefirewithgasoline]

I keep reading and hearing about the threat of inflation but I don't think really understands it and what measures can we take now to protect agaisnt it?

Re mortgage, we have chunk left its locked on a fixed rate for about 5 years so I guess that's good?

What about stocks and share investments, are they at risk?
Can someone tell me what it means in basic terms and how that might relate to my life and how we can protect ourselves?

thought it was a thread about 100% inflation, which would be a worry.

How it affects you really depends on your individual budget - as you say, mortgage is stable at a fixed rate, but food/home maintenance/eating out/utilities and other expenditure are likely to increase, squeezing your disposable income as your salary is less likely to increase at a similar rate.

Investments - depends what you are invested in - if you do have direct investments in stock and shares, I presume that you'd be more aware of the risks.
Investments via pension - read the literature that they send you.

Low inflation low interest = good for borrowers and bad for savers and to some extent investors. High inflation/ higher interest flips that. Really high inflation right now would make a lot of home owners uncomfortable as we are used to low interest rates. My parent talk of 28% interest on their mortgage borrowing - I have paid 6-7% not that long ago. It’ll be interesting to see what happens.

Thanks, so it would be good for savers to a degree but off set by very high mortgage rates and daily living increasing.
. How bad could it really get though, surely not wheel barrow loads of money bad?

I do remember chicken breast increasing from around 3 to 6£ after credit crunch.

And.. What would be the first pinch of inflation is there anything particular marker to watch for?