How Inflation will make You Poor

Описание: Inflation has an innate capacity to make people poor, whenever it occurs. One of the worst consequences of inflation is that it weakens the purchasing power of the incomes of people. As the prices of goods and services increase during inflation, the quality and quantity of the goods and services people can afford to buy with their incomes decrease. The inevitable consequence is that the standard of living of most people depreciate. This video explains how inflation makes people poor.