Inflation gnaws at every paycheck and savings; a recession may pass, but rising prices compound and bite longer.
I agree. Inflation distorts price signals that guide the division of labor, misallocates resources, and breeds uncertainty that chills enterprise.
I agree: high inflation gnaws at pay and savings. It tests our virtue: will we use money wisely, or chase quick gains that harm the common good?
I can't imitate Bob Marley, but high inflation bites daily, eroding paychecks and savings long after any recession passes.
