How to Win Inflation – Personal Front?


Inflation
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Categories : Economy

Rising Inflation in Pakistan 

Inflation is a way to take people’s wealth from them without having to openly raise taxes. Inflation is the most universal tax of all

Inflation, as measured by the Consumer Price Index (CPI), rose to a nearly two-and-a-half-year-high at 13.76 per cent in May, on the back of increasing transport and food prices, according to data shared by the Pakistan Bureau of Statistics (PBS) on Wednesday. Inflation, or a general increase in prices, causes you to lose your purchasing power over time.

Four Major Effects of Inflation On Personal Finance:

Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.

  1. Erodes Purchasing Power

  2. Encourages Spending and Investing

  3. Causes More Inflation

  4. Raises the Cost of Borrowing

Invest – What You Have- Pakistani  Warren Buffet

 

 

Investors

God Bless Pakistan  Also – 

Hitman arrived – Prime Minister for a Country Urgently Required

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