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Sajin

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Foundation • 1y

Fast moving Consumerism will favor capitalism. Opportunities will increase. This will create more job opportunities, and innovations. There will be a boost in economic growth. As demand for luxury increases, price will increase as well leading to inflation. This can also showcase higher purchasing power. Also the youth is very conscious about financial investments, being less risk averse, and disciplined with long term investments. Hence there is an influence from various factors, and we might have to look into multiple variables instead of looking into inflation based on one key point, consumerism to get a bigger picture

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