{"id":36306,"date":"2022-08-14T21:00:00","date_gmt":"2022-08-14T19:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=36306"},"modified":"2022-09-22T10:10:35","modified_gmt":"2022-09-22T08:10:35","slug":"inflation-rot-eating-savings","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/inflation-rot-eating-savings\/","title":{"rendered":"Inflation, the rot eating away at our savings"},"content":{"rendered":"
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By now, we are all aware that inflation is known as a generalised rise in prices that makes our savings lose value. Albert Chic, an agent at 11Onze, analyses the current economic situation and details possible solutions for dealing with runaway inflation.<\/b><\/h3>\n

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“In the second half of 2021, inflation at home exceeded 5%. A<\/span> figure unprecedented in the last 30 years<\/b>,” says Albert Chic. This rise in prices, together with the loss of the real value of the currency, leads to a huge reduction in the monetary wealth of the population, who see their savings vanish without even leaving the bank.<\/span><\/p>\n

The disruption to the supply chain and the increase in the price of raw materials caused by the health crisis explain part of the rise in prices, but as Chic explains, “also another phenomenon such as Greenflation”, <\/span>a rise in prices caused by the increase in demand for minerals essential for renewable energies<\/b>, “such as electric cars, wind turbines or solar panels”.<\/span><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n

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