How You End Up Losing More Due To Inflation

in #finance2 years ago

Inflation steals from you secretly that you may not realize. When the government prints fiat currency, it devalues the currency you have.

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People who get newly printed money will buy stuff with that. They will have more purchasing power. Purchasing power shifts to their hands and they get the benefit. The purchasing power of your currency drops. So you end up losing more.