It is already causing lot of problems for retired people. How much will this problem intensify in future ?
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Actually,its not inflation that inflicts hardship on us.It's not necessarily inflation or only inflation.Every active individual should expect the bad signals and good signals always,the ability of somebody to have the inflation under one's control is such a blessing.Particularly,I mean that understanding the concept inflation and applying the necessary practices and method so it can relief you from its pressure's.
During inflation,the cost of living increases without caution and that's really scary.Goods and services constantly gets expensive.But mind you,inflation injures retirees that have not been able to figure out that thier disappointment and hardship starts when they believe and depend completely on penssion payments from the government.
Inflation Favours the people that gain the knowledge as fast they could,utilized the opportunity and implemented the decision to ensure and activate financial safety for themselves.