How exactly can inflation cause poverty? If there’s more money, won’t people just have more of it to offset the increasing prices? 1.75K viewsJanuary 3, 2024 Question90.60K June 1, 2019 0 Comments How exactly can inflation cause poverty? If there’s more money, won’t people just have more of it to offset the increasing prices? In: Economics 4 Answers ActiveNewestOldest Anonymous Posted June 1, 2019 0 Comments People earning money will see incomes rise with inflation, but savings lose value, so peoples retirement/savings funds get hurt. You are viewing 1 out of 4 answers, click here to view all answers. Register or Login
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