Reading: Opinions about Inflation

José Manuel

Goods Budget
Cost of livingAfford

Person 1: Hi, have you heard the latest news?

Person 2: No, what happened?

Person 1: The government just announced that the inflation rate has skyrocketed to an all-time high. Prices of goods and services have increased dramatically.

Person 2: That’s terrible news! How will we be able to afford basic necessities like food and housing?

Person 1: Exactly. Many people are worried about how they will be able to make ends meet with the rising cost of living.

Person 2: I heard that the government is planning to take some measures to control inflation, but I’m not sure if it will be enough.

Person 1: Yeah, it’s hard to say. They might increase interest rates, limit the amount of money being printed, or implement price controls.

Person 2: I hope they find a solution soon. The high inflation rate is having a major impact on the economy and people’s daily lives.

Person 1: Agreed. We just have to wait and see what happens. In the meantime, we’ll have to find ways to stretch our budget and save as much money as possible.

Answer these questions

  1. What are some of the effects when inflation is rising?
  2. What can governments do to control inflation?
  3. What can we do when inflation is rising?
  4. What’s your opinion on inflation?

I am José Manuel and I am an English Teacher in Costa Rica who loves English. I have been teaching English for more than 8 years and I like sharing what I know with others