Post
Topic
Board Economics
Re: What is The Negative Effect of Inflation on Household Savings?
by
arufox
on 16/05/2024, 16:26:25 UTC
In my opinion, the impact of inflation on household savings could be negative if the increase in goods on the market is uncontrolled, thereby reducing purchasing power. However, inflation can have various impacts on society, both positive and negative, depending on a number of factors including the level of inflation and the industrial sector.