Inflation

Many people do not understand that inflation is a result of the government printing money. It makes your currency lose its purchasing power.

That’s why many people are complaining about affordibilty of everything. Prices have increased between 30-50% since 2020. Prices will not go down barring some disastrous event/deflation. The government works hard to prevent deflation. It will take many years for wages to reach the point where affordibility is no longer an issue.

I bet your income hasn’t kept up with inflation. Have you received raises of 30-50% since 2020?

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