Facts about inflation

Facts about Inflation

I believe this should be a topic taught to children from middle school, and everybody should be aware of how it can affect their life in the future.

Obviously, the most affected people are middle-class and poor people.

Below are some facts about inflation.

Facts about inflation
Recession
    • Inflation leads to a recession.
    • Inflation caused governments to fall and dictators to take control, which had disastrous consequences for the world, for example, Germany.
    • It erodes the wealth of households like slow poison.
    • Unemployment rates drop before inflation starts.

    See details in the below video.

    https://youtu.be/NHGFoC0tmME

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