Massimo Locicero
Joined January 2023
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How To Survive The High Inflation And Recession
In the face of persistent inflation and elevated unemployment, many people are turning to cheaper and more accessible solutions. The problem, though, is that these solutions can have a negative impact on the average American. While the government has been printing money to support economic growth and keep Unemployment at a minimum, unintended consequences are beginning to set in. Inflation- Adjusted For absorbent inflation remains above the 25% mark, meaning more consumers will have more bills to pay down over time. And since Americans spend more than they make in a year, there’s less room for error when it comes to how much one can cut back or even replace with other expenditures.
By Massimo Locicero3 years ago in Motivation
