Why We Might Have High Inflation Soon and What YOUR Savings Have to Do With It | Economics | ENDEVR Explains
If you live in a developed country, did not lose your job and were lucky enough to be able to work from home during the pandemic, you are probably sitting on a pile of cash right now. And you’re not alone. With restaurants, bars and stores closed, no possibility of travels and all kinds of limitations that the pandemic brought with it, a lot of people in rich countries saved like never before during the last year. And how these people are planning to spend this saved money will play a big role in what will happen with the world economy in the next few years. This video examines what the world will look like in the following months and how this saved money can affect the economy as a whole.
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ENDEVR explains the world we live in through high-class documentaries, special investigations, explainers videos and animations. We cover topics related to business, economics, geopolitics, social issues and everything in between that we think are interesting.
