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It's been a while now since we suffered inflation, but the worst scenario is added this year. There will be elevated inflation rate in 2024 and this scares the business world. Small and big businesses are part of this problem. Another significant threat to the global economy because of the elevated inflation rate thus may affect the stock market due to global political tensions. While it was on the news that Bitcoins increased their value this year, what about those who want to invest when the rate is high? The elevated inflation rate causes insignificant effects on the masses whose income is below the poverty line and those businesses and investors who long to have a good life.