Today it just hit me that the prices of most food items has risen by almost 50% since 2015. That’s inflation.
The bigger question is whether your income has risen by over 50% since 2015, especially salaried guys (without a promotion). Are you being paid 50% more for doing exactly what you did in 2015??
Inflation must fuck some people and I think that salaried people have been shafted properly because their incomes do not match the rate of inflation.
Fuel has probably risen by 100% or more since 2015. Petrol was trading at Ksh 90 in 2015. Today it is trading at Ksh 183. Has your salary increased by 100%+ since 2015 (at the same role)? Are you being paid 100% more for doing exactly what you did in 2015? If not, you are a victim.
We are witnessing the destruction of the middle class in real time by this animal called inflation. If you receive a salary from someone, you are fucked. If you earn profit, you are safe because you transfer that cost to the consumer.
When inflation happens, it hollows out the middle class i.e people who receive salaries from the government and companies. Their salaries don’t keep up with inflation so they get worse off with time.