When inflation is high, saving is futile, so people balance income and expenses. Either by overconsuming or by underproducing.
I'll read the article later, maybe I learn some shit.
When money doesn't work people stop working. One of the non-obvious effects of persistently high price inflation is the degradation in services that are often taken for granted.
https://tftc.io/martys-bent/when-money-doesnt-work-people-stop-working/
When inflation is high, saving is futile, so people balance income and expenses. Either by overconsuming or by underproducing.
I'll read the article later, maybe I learn some shit.
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