Inflation – also known as the silent assassin of cash or deposits – is raging across the globe. This phenomenon seems to be a trend everywhere, from the consequences of the excessive money printing from the already buoyant economy of the US to the resilient sector of the UK. For instance, the US inflation for April came in at 8.3% while the CPI for UK rose by 9% in the 12 months to April 2022. Conventional macro-economic theory would suggest high inflation is usually not a good thing as it is indicative of the spiral demand for goods and services exceeding supply. This means prices would soon increase and clearly this lowers your purchasing power as consumers, as each dollar now buy less than before. There will be winners and losers in this kind of environment, so it is important to keep in mind what to look out for. Let’s check out who are the typical losers in an inflationary environment...