2021–2023 inflation surge
Okay, so you know how sometimes you go to the store with your parents and they buy you something like a toy or candy and it costs a certain amount of money?
Well, imagine if the next time you go to the store, that same toy or candy costs more money. That's what's happening with prices of things like food, gas, and other stuff that we buy.
The prices are going up and that's called inflation. And from 2021 to 2023, experts think that inflation might really go up a lot, which means things will cost more and it might be harder for some people to afford everything they need.
There are a few reasons why this is happening, like because of things like the COVID-19 pandemic, supply chain disruptions, and changes in the economy. But the important thing to know is that this might affect you and your family, so it's good to try to save money and be careful with how you spend it.
Well, imagine if the next time you go to the store, that same toy or candy costs more money. That's what's happening with prices of things like food, gas, and other stuff that we buy.
The prices are going up and that's called inflation. And from 2021 to 2023, experts think that inflation might really go up a lot, which means things will cost more and it might be harder for some people to afford everything they need.
There are a few reasons why this is happening, like because of things like the COVID-19 pandemic, supply chain disruptions, and changes in the economy. But the important thing to know is that this might affect you and your family, so it's good to try to save money and be careful with how you spend it.
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