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increased poverty

What happens if inflation is too high?

In this article, we will discuss what happens if inflation is too high and its impact on various aspects of the economy. Reduced Purchasing Power One of the most significant impacts of high inflation is reduced purchasing power. When inflation is too high, the value of money declines, and it becomes less valuable. This means that the same amount of money can buy fewer goods and services. As a result,… Read More »What happens if inflation is too high?