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RE: The growing fear of rising inflation

in LeoFinance3 years ago

Inflation has its pros and cons which is need to be consider. inflation helps country to avoid recession and also contribute moderate economic growth through adjustment of prices but it impact your savings in bank which little devalued time to time and also reduce international competitiveness.
The rising inflation is fear when your source of income not increased and expense unnecesarily make you debt ridden.
The post is well mirrored to current scenario in financial area.