Post
Topic
Board Economics
Re: i was right people have no more money
by
Gozie51
on 06/02/2022, 12:24:48 UTC
i need to highlight that we should all also remember that inflation favours some people, to those people, there is no shortage of money.

Yes no matter how you want to look at it , if the world is still existing everyone won't get poor and rich at the same time. Inflation will favour certain people and get some poorer because they can not be able to meet up with spending or lavish spending. Those that are involved in cryptocurrency and businesses that interact with currency won't feel the negative impact of inflation because they also benefit from it as they do the business. Also government policies do favour some people while others suffer from it but life goes on, a patient person will wait for their turn. So it varies , the people that inflation favour are those spending lavishly and they are few compared to the large majority suffering.