how is inflition is helpful to people
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Inflation will always reduce the value of money, unless interest rates are higher than inflation. And the higherinflation gets, the less chance there is that savers will see any real return on their money. Although in theory that should be good for the economy, by encouraging people to spend rather than save
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Inflation will always reduce the value of money, unless interest rates are higher than inflation. And the higherinflation gets, the less chance there is that savers will see any real return on their money. Although in theory that should be good for the economy, by encouraging people to spend rather than save
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