Inflation is a theft of time
This is how you get that time back
Where do we stand on inflation?
We have all experienced and felt it: inflation. It has risen since 2020 and only fell again in 2022. This phase has been very challenging financially, especially for people on lower incomes. Many continue to suffer as a result of the aftereffects.
However, inflation is not only the loss of purchasing power, but also the loss of lifetime.
In order to be able to spend money, we usually have to spend time earning it. We receive a wage for this time. But if the money we earn becomes worth less because we can afford less due to inflation, we have to spend more time in order to maintain the same standard of living. Ergo, inflation is a theft of your lifetime.
Now you could argue that one could also reduce their standard of living. However, some people at the bottom of the income pyramid are already unable to do so. They would have to go without food, heating, etc. Therefore, inflation hits the poorest the hardest.
