Peudipi

Inflation

There are still few things which doesn’t have steep inflation you

where does the normal inflation hits the middle class few we know

Medical expense
Groceries
Travelling

The question i am asking is why one needs to beat inflation as more is always good but should we always keep our saving 6%^ and grind ourselves in jobs and paycheque increase

13mo ago

AITookMyJob

Startup13mo

If everyone beats the inflation, it goes up and no one beats the inflation.

Peudipi

PhonePe13mo

interesting take…

baatli_wala

Amazon13mo

Now I know, why AI took your job. You have too much enlightenment.

majboormajdoor

Stealth13mo

Any economy where the inflation spikes up whenever there is even slight pickup in wages is a shitty economy (Unless there are global macro, war like externalities)

Best example is Brazil: Very poor infra, roads, railways etc are shit. So as soon as people make more money, the supply cannot increase to counter balance, and prices rise super fast.

On a personal level: Monitor which goods are getting expensive and change your consumption mix. Sticking to a budget and shifting to other substitutes helps individually and if followed collectively brings the inflation down.