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Inflation means consumer's purchasing power remains the same, regardless of money supply. Therefore in an inflated economy people won't have the extra money now
by habibur 5y ago
Inflation means consumer's purchasing power remains the same, regardless of money supply. Therefore in an inflated economy people won't have the extra money now to subscribe to Netflix as they still are struggling to make ends meet even with the extra money, as everything else has increased in price proportional to his income increase.