身边的经济学·社会常识英语30篇（2）
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Inflation Hits Fixed Incomes Harder
通胀对固定收入者打击更大
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If your monthly pension stays at $1,200 for five years, its buying power slowly shrinks.
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Even modest 3% yearly inflation means prices double roughly every 24 years.
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A loaf of bread costing $2.50 today may cost $3.00 next year—and your rent won’t drop.
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Retirees, students on fixed scholarships, and some government workers feel this squeeze most.
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Their incomes don’t rise automatically when grocery or medicine prices jump.
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Meanwhile, people with wages tied to inflation often get small annual raises to catch up.
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Real income—the amount you can actually buy—falls even if your paycheck stays the same.
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That’s why many retirees cut back on meals out or skip routine health checks quietly.
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It’s not laziness; it’s arithmetic wearing down daily choices over time.
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Understanding this helps explain why price stability matters beyond headlines.