Inflation – has been discussed a lot recently during the COVID-19 pandemic due to the lockdown and caused plenty of job losses. Especially in the US, people are losing their income and Americans are known as the “low savings rate” group of people. They are living on the paychecks month to month and are very vulnerable if they lose their income for a couple of months. Thus, the US government prints huge amounts of money to give away and help people get through the tough time. <\/p>\n\n\n\n
That causes inflation and imitation all over the world since the US is the superpower on the planet. <\/p>\n\n\n\n