People Everywhere are Running Out of Money. Here’s What Happens Next.

Alan Trapulionis
4 min readJun 10, 2022
Inflation rates across the globe. April 2022 data. Source: Statista, IMF

People everywhere are running out of money.

In the U.S., 1 in 5 people with jobs now say they run out of money before their next paycheck. That’s 5% more than last year. And that’s according to a survey done back in February.

More dramatic estimates say that even among those earning six figures, 48% are now living…