Buying power has decreased sharply due to inflation and many people are affected by this matter. The inflation caused a lot of problems for the Turkish citizens especially students and the middle class. Inflation in Turkey rose above 85% last year. Currently the inflation decreased to 39,6%, and the lira has already lost 77 percent of its value since 2018. Professor of economics at … Continue reading Turkish middle-class struggles due to inflation
a news story by Franziska Kircher Pawnshops in Amsterdam are noticing twice as many people in need of short-term cash. As a reason for this, they name the increasing inflation in the Netherlands. The Centraal Bureau voor de Statistiek(CBS) has reported twelve percent inflation in August. Twice as many customers as usual head to the pawn shops in Amsterdam. Barry Heuperman is a pawnbroker at … Continue reading Pawnshops in Amsterdam register twice as many customers due to inflation
A News Article by Quinty Veenman The Netherlands is affected by the highest inflation since 1976. With an average 13,6% price raise, people have to find other solutions to fight their financial struggles. Minister Sigrid Kaag of Finances made a bold statement saying: ‘’We have to realize that we, as a collective, will all become a little bit poorer.’’ What does this mean for the … Continue reading Working at Public Places, Just to Avoid Higher Bills
