CONCLUSION
During inflation,
👉👉always purchase all you need on time without delay to avoid rapid increase of such commodity.
👉👉Unnecessary saving should be avoided. Savings should only be made from excess income which one doesn't need at that moment.
Lastly, investing is highly preferable to savings.
Moderate levels of inflation stimulate economic growth because it improves the business environment, which promotes capital formation, that's, investment. But high rates of inflation retards or reduce capital formation leads to decrease the savings and investment. Because real income or interest rate reduces, so capacity or willingness to save will reduce automatically.