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Inflation is defined as a situation in which the economy is witnessing a continuous rise in the general level of prices of goods and services of interest to a large segment of citizens.
This rise affects the purchasing power of citizens and weakens their financial ability to meet their living needs, while at the overall level, high rates of inflation negatively affect consumption, investment, and exports levels, and the purchasing power of the local currency, and thus economic activity.
Capital loss due to inflation can be avoided by focusing on investments with higher returns than the inflation rate and providing a source of profitability without compromising the original capital
29 de set de 2022 13:19
Correções · 1
Inflation is defined as a situation in which the economy is witnessing a continuous rise in the general level of prices of goods and services of interest to a large segment of citizens.
This rise affects the purchasing power of citizens and weakens their financial ability to meet their living needs, while at the overall level, high rates of inflation negatively affect consumption, investment, and exports levels, and the purchasing power of the local currency, and thus economic activity.
Capital loss due to inflation can be avoided by focusing on investments with higher returns than the inflation rate and providing a source of profitability without compromising the original capital
This is definitely excellent! Great job in giving an in-depth explanation about inflation especially given the current global down-turn. I love it!
29 de setembro de 2022
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Noureddine
Habilidades linguísticas
Árabe, Francês
Idioma de aprendizado
Árabe
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