Notes

As inflation continues, people will start to be affected by inflation more and more. The value of money decreases and this means that people will start to have to work more and more for the same amount of money. This then results in a poorer population and a worse economy for the country. Prices may not change but they will theoretically rise because of a lower value of money. For poorer people, this can be detrimental as they may not earn enough to even afford to live anymore and for richer people they will start to passively lose money proportional to their existing balance.
Some more effects will be that people will work for less money and they will have to pay more just to get by in life. These two factors will mean people will have less budget for luxuries and quality of life will start to fall. A less notable effect is couples will be dissuaded from having kids due to the higher cost needed for baby food and other needs.