this post was submitted on 22 Jun 2024
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[–] sasquash@sopuli.xyz 18 points 1 year ago* (last edited 1 year ago) (3 children)

Switzerland:

  • 2015: 10.50$
  • 2024: 12$

How do people in Turkey survive? Did everyone buy something instead of save it on a bank account? Or did they transfer the money to another country or just buy foreign currency? How can the economy handle this? Sry I am spoiled..

[–] Nomecks@lemmy.ca 4 points 1 year ago

They took some shitty Chinese loans

In the US at least, the vast majority of people live paycheck-to-paycheck, so as long as wages rise with prices inflation doesn't affect most people. Wages rise with prices, right? Right?