What is a recession? If you live long enough sooner or later you will face an economic recession. There are many things that cause and contribute to a recession but the major cause is inflation. Inflation occurs when the price of goods and services rises over a certain period of time. The higher the rate of inflation the less goods and services can be purchased with the same amount of money. This can be a depressing time period in our lives. Here we will reveal some little known secrets to help you manage and even profit during a recession.