Challenges

💸 Erosion of Purchasing Power Inflation steadily reduces the value of money, diminishing its ability to purchase goods and services over time.

📉 Diminished Savings Growth Traditional savings accounts rarely keep pace with inflation, causing a net loss in value for savers.

⚖️ Wealth Inequality Inflation disproportionately impacts low-income individuals, who spend most of their income on necessities, widening the wealth gap.

📈 Rising Costs of Living Essential expenses like housing, food, and healthcare continue to climb, straining household budgets and reducing financial security.