Are you cicada or ant?
The question is of crucial importance in times of high inflation, of which INSEE gives this irrefutable definition: "
Inflation is the loss of the purchasing power of money which results in a general and lasting increase in prices."
Sustainable?
That's the whole problem, and the solution depends a lot on us.
While consumer prices have increased by 5.9% over the last twelve months, the cicada says to itself: "This euro that I have under my wing and with which I buy 5.9% of food today less than a year ago, let's hurry to spend it before it depreciates further.
For her part, the ant is in despair that her hoard has lost 5.9% of its value over the past year: she is constantly rebuilding it by saving even more than usual.
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Inflation, disaster for the poor, also ruins savers
These are two opposing attitudes that are just as logical.
Preference for the present for some, fear of the future for others.
“Aristocratic” lavish spending on one side, values…
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