CONSEQUENCES OF INFLATION

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CONSEQUENCES OF INFLATION

https://effectofinflationonukseconomy.wordpress.com/2017/07/03/c onsequences-of-inflation/


ABOUT The UK government believes that a consistent increase in inflation rate can cause problems, which can lead to damaged economic and social consequences:

Redistribution of income: One of the most devastating effects of high inflation rates is felt mainly by the lower-income families and the older people in the society. This is the result when prices for basic human needs like food and domestic utilities increase at a rapid rate.

https://effectofinflationonukseconomy.wordpress.com/2017/07/03/c onsequences-of-inflation/


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https://effectofinflationonukseconomy.wordpress.com/2017/07/03/c onsequences-of-inflation/


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https://effectofinflationonukseconomy.wordpress.com/2017/07/03/c onsequences-of-inflation/


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