Post
Topic
Board Economics
Re: Will inflation in the world grow by 2023?
by
Altryist
on 26/05/2023, 13:59:05 UTC
Have you for once stopped listening to the media and view inflation from the chart to see what has been happening by yourself? Inflation is synonymous with a price increase, once it goes up, no way the price will be coming down, there is every tendency that it may stabilize and stay there for a while, but it wouldn't depreciate and even if it does, it will be by a small ratio but mostly shoot up and if you check yearly inflation rate of any country, there is always a yearly increase. Regarding your question, I believe there is going to be an increase in inflation for sure and don't expect the price of groceries to remain the way they are by the end of next year.
In addition to not listening to what the media is talking about, it would also be worth it to just take and calculate by how many percent the prices of the products you are familiar with, those that you buy most often, have increased. It is likely that many will be surprised by the fact that prices have not risen by 5-6%, as they are trying to tell us, in reality inflation is more and this will definitely not change any increase in interest rates, which is so much talked about. In fact, raising rates cannot slow down inflation as expected, it's just that the more money they print, the higher inflation will be and it will not change anything.