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i am having a discussion about What's the connection between cost of living and inflation?Which categories of spending are more important to individual consumers? Do

i am having a discussion about

What's the connection between cost of living and inflation?Which categories of spending are more important to individual consumers?

Do you think inflation affect people among different income scale differently?i.e. do poor people suffer more from inflation, or rich people?

Could you please give me some ideas about it. Thanks

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