Post
Topic
Board Economics
Re: Inflation and it's impact to the common man
by
Adbitco
on 01/12/2024, 20:27:50 UTC
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
I have took my time to read this twice to know what op is trying to convey through his post but I couldn't find anything meaningful he is trying to pass to the community, maybe I will say he forgets some things which he wanted to conveyed. On a norm we know they whole country, globe generally are being affected by inflation and people who aren't financially stable would have to face the hit because they aren't able to cope with the inflation rate, therefore some people might go bankrupt while some would leave in debt because their salaries or wages aren't that suitable to sustain them in areas of their lives.