Is inflation good or bad for the economy 2024?

Scarlett Lee | 2023-05-07 11:15:00 | page views:1414
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Ava Patel

Studied at the University of California, Berkeley, Lives in Berkeley, 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.
2023-05-09 11:15:00

Julian Turner

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.
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