To many, the world of finance is synonymous with glamour and ambition. Early in my career, I joined a multinational corporation, where colleagues came from all corners of the globe. The company invested heavily in training us in finance, offering what seemed like a golden path to success.
During an economics training session, we were learning how to price bonds. I asked the tutor why inflation occurred, and she casually responded, “Well, it’s because people keep asking for pay raises, obviously.”