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RE: Sending Money With Beem - Power of True Ownership of Wallets

in LeoFinance2 years ago

The biggest problems that inflation causes ordinary people is their money losing purchasing power. It is a real problem and it seems to be a global phenomenon. Salaries and wages are having a difficulty keeping up with inflation too.

This is what we have been experiencing for about one year in my country with %79 formal inflation. In fact, it is more than double. Morever, our salaries or wages were not increased even at the rate of formal inflation.

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That is a great point. Everybody is complaining about high inflation in the US, but for many countries these inflation rates are norm.