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Who Hurts the Most From Inflation?
23
May
Who Hurts the Most From Inflation?
Inflation is at a forty-year high, and everyone is paying higher prices as inflation erodes the average person’s purchasing power. But who hurts the most from inflation?. Here are the groups that hurt more during periods of high inflation: Low-wage workers Low-wage workers are impacted by high inflation since it takes more of their wages to cover gas, food, utilities,