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 lives in the future.

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

Below are some facts about inflation.

  • 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.

Watch the video Facts about Inflation