From individuals to central banks across the world, the effects of inflation are feared and resented. Inflation is central to economic policy and on an individual level, consumers battle to manage their budgets. Yet there are world trends that engulf consumers, who gladly accept new products and trends that are making huge inroads on their available cash flow.
One must only think about phone communication costs. In the days that we only had fixed-line phones, consumers’ spending on this item was minimal. Today, many companies provide workers with huge budgets for cellphone usage. The monthly cost for the latest phones almost matches the payment
