Absolutely everybody is affected by inflation. Poor and rich people are affected by inflation although in different degrees.
Inflation is endemic in a capitalistic society. Different economies (currencies) are affected differently and over time there is no such thing as a safe currency.
During a period of economic inflation, most everything is affected. According the sale of new and used construction equipment would slow due to the slowing of building projects.
Exchange rates would most likely stay the same. If inflation increase or decreases I believe that is where exchange rates will more so be affected
They come out of school and can get a good paying job due to high money circulation and low prices
It was just because of war between india and pak 1971 caused slowly and gradually rise of inflation in india and pakistan too,while on that time only these two country were more affected then any other
inflation happens when money loses its value and it affected the Roman Empire.
Inflation is endemic in a capitalistic society. Different economies (currencies) are affected differently and over time there is no such thing as a safe currency.
Undertakers.
Costs which are affected by inflation
When inflation goes up and now your rent has increased and so has everything that you
You might want to check out Zimbabwe's inflation rate and check out what is happening in that country at the moment. latest inflation rate 2.3million% most places run at 4%
Inflation went down due to the spending cuts
Poor people loose the most from inflation. Their scarce dollars buy less and less. Rich people, especially the ultra rich power brokers gain the most from inflation because 1. They have plenty of money and are not really affected by inflation. 2. They typically own the means of production and higher prices just means more money for them.
Savings, Taxes, and Inflation The value of your savings can be affected by both taxes and inflation. Use this calculator to determine how much your savings will be worth with this in mind. Click the "View Report" button to get more information and a year-by-year savings schedule.
The economy slowed down very quickly
During a period of economic inflation, most everything is affected. According the sale of new and used construction equipment would slow due to the slowing of building projects.
The war affected American society in a few ways. An example is, many men were taken away from their families. Another example is, war makes inflation go up.