Inflation Impact on Rich vs Poor

2 years ago
9

Whilst this is a comical depiction of the impact of inflation, fact is the rich use income acquire assets that generate income to pay for needs. The poor spend income on needs & save what's left.

Inflation increases the value of assets, thus increasing income whereas inflation also increases expenses, making the poor poorer.

Get out of the Poverty Trap & start investing in #Bitcoin & #Crypto

Loading comments...