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How? Where? When could this happen? Or, is it just another hoax?
It is said that governments can reverse inflation and change the bad situation for the common people who live on a day to day life.
But who benefits from increased inflation? There is a lot said about it but in brief the winner is: wealthy people with their capital invested in inflation hedges.
It was terrible to be beheaded by the revolutionists in France in 1789-1889 but what was the reason?
With all the reasons, history told you the most important one was the anger of the homeless poor people who were living inequality and were underestimated.
Did anyone predict that French revolution to happen? Mostly, No.
Nowadays, there is some resemblance in the way you live and that age of anger. The inflation in the US (in some states higher than the others) increased the anger in general not only by the homeless. The main reason is the inability to buy a decent living status to feel that the purpose of your immigration was fulfilled.
Inflation means the value of money will fall and purchase relatively fewer goods than previously. In summary: Inflation will hurt those who keep cash savings and workers with fixed wages. Inflation will benefit those with large debts who, with rising prices, find it easier to pay back their debts. More
Until we chat again, maybe you should talk about the Halloween inspiration this year 😉 with our hugs and kisses ❤