Inflation involves the increase in price of goods and services in the market making things unaffordable to the common inflation is one word that has really affected allot of people, looking at the market price of goods and services as been affected rapidly.
Inflation is really affecting the common man as even though those salary earners are complaining as the price of goods continue to improve and skyrocketed high inflation rate is really a Thorn in the flesh of the common man
For most people inflation has actually died down a lot lately, compared to just after Covid and the start of the Russian war against Ukraine. It spiked over 10% in places like Europe and America, which had gotten rather comfortable with a long period of low inflation. I see that it looks like inflation is predicted to go up in places like Russia, after their currency took a heavy hit recently and it costs a lot to prop it up because the economy is such a basketcase. It does require the average person to either spend less or adapt by earning more, those who are unable to make these changes are likely to suffer a lot more. Stability in the world gives us all low inflation and peace should be the goal.