🌟Inflation in Europe: Why do you become poorer over the years?

Over the past 10 years, inflation in Europe has reduced the purchasing power of money — prices have risen by an average of around 30% (≈2.7% per year). This means that the same products cost more today than they did in 2015.

At the same time, wage growth has been lower on average, so real income growth does not always compensate for price increases.

Many investors open savings accounts and buy property without using other, more effective options for preserving their assets. 

What can be done about this? Check out in Maclear's new LinkedIn post.

How have you been affected by inflation? Share your thoughts in the comments!