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What are the reasons for the persistently high inflation pressure in Taiwan Province Province? What impact has it had on the local area?
Inflation is simply the rise of prices, both the price of labor services and the selling price of commodities have changed obviously. Rising prices have also brought a great negative impact on residents' lives. Both travel and shopping experience have great shortcomings. Due to inflation, many residents are also living in a tense situation, which leads to such symptoms in Taiwan Province Province due to the influence of its economy, currency reserves and other countries' economies.

With the spread of global epidemic, the global economy has also fallen into a downturn, and many industries have stagnated. In order to make its economy develop in a stable direction, the United States keeps printing more money, which also leads to inflation. Because the United States is a global economic power and its dollar is also a global currency, the dollar held by all countries in the world has become worthless. The more dollars, the greater the inflationary pressure, and Taiwan Province Province is no exception. Under the influence of this international environment, the prices of cities in Taiwan Province Province are in a state of rapid rise, and the new Taiwan dollar is also in a state of depreciation. Coupled with the continuous export of foreign exchange, the depreciation of Taiwan dollar has further increased, so inflation has brought a very adverse impact on local life and economy.

The negative effects of inflation will make many people unable to buy things. Under the negative influence of inflation, it is increasingly difficult for many people to achieve their original goals. Although it has played the biggest supporting role in the economic development structure of the society, this inflation also makes it impossible to allocate all kinds of effective resources to these people, so it is difficult for these people to achieve the goals of traveling, buying a car and buying a house. Some people's living conditions may be even more difficult, and the limited money may not even have the money to buy a bag of rice or a piece of bread. These people will eventually live on the streets under the influence of inflation, with no place to display their talents and limited money to improve their lives. Therefore, inflation has a very serious impact on the lives of residents.

To improve this situation, it is very difficult for Taiwan Province Province to improve itself. In addition to the corresponding subsidies given by the Taiwan provincial government, countries all over the world, especially superpowers like the United States, can avoid such incidents by controlling the currency output and effectively controlling the occurrence of the financial crisis. After all, the outbreak of World War II was a financial crisis caused by inflation. In order to avoid their own economic crisis, many countries introduce the risks brought by inflation into other countries, which harms others and does not benefit themselves. Therefore, we must take various measures to stop this kind of behavior to ensure that the impact of inflation can be reduced to a minimum.