Is inflation is good or bad 2024?
I'll answer
Earn 20 gold coins for an accepted answer.20
Earn 20 gold coins for an accepted answer.
40more
40more
Studied at the University of California, Los Angeles, Lives in Los Angeles, CA, USA.
When inflation is too high of course, it is not good for the economy or individuals. Inflation will always reduce the value of money, unless interest rates are higher than inflation. And the higher inflation gets, the less chance there is that savers will see any real return on their money.
2023-05-12 11:14:53
评论(499)
Helpful(122)
Helpful
Helpful(2)

Emma Harris
QuesHub.com delivers expert answers and knowledge to you.
When inflation is too high of course, it is not good for the economy or individuals. Inflation will always reduce the value of money, unless interest rates are higher than inflation. And the higher inflation gets, the less chance there is that savers will see any real return on their money.