
Moin Yahya - What Is Inflation Really?
The Curious Task
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The Impact of the 30 % Rise in Food on the Average Surf Consumer
We need to get the prices under control, that's the first thing. But even if we could just index everybody's salaries to inflation, the problem isn't like i said, there's this tonal aspect. It might be rising 30 % for food, and actually falling for luxury boats. For somebody who has a fixed income and very low, in a low income, that 30 percent risein food has a huge impact on their budget. And youl start hearing stories, even in our very wealthy north america, of people starving,. People not being able to afford or cutting back, or switching from healthy food that's usually more expensive to. So there are real impacts on the average
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