Inflation will shrink people's assets, reduce their purchasing power, reduce their income and face unemployment. Inflation means that the money supply is greater than the actual money demand, and the purchasing power of money will decrease, so that prices will rise continuously and generally for a period of time.

As long as inflation is under control, it is not completely unfavorable to the people. Moderate inflation can stimulate consumption, and consumption can drive enterprises to expand production and drive people to obtain employment, thus forming a virtuous circle.

Tips: The above contents are for reference only.

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