Post
Topic
Board Economics
Re: Inflation and it's impact to the common man
by
Miles2006
on 01/12/2024, 21:35:45 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
Well, the only solution that can resolve inflation still involve the government creating opportunity for the common man in such a way they can also fit in also increasing minimum wage when necessary. The growth of a country economy still has to do with so many not just price of commodity, it’s really affecting most country leaders can’t manager the current situation.