Economics

Inflation already impacting US troops

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The US is already being hit by inflation, partly as a result of the 1 trillion dollars of “artificial money” pumped into the economy. Troops in Europe receive a COLA (cost of living allowance) to make up for the fact that the cost of living is higher in Europe than back in the states. Troops can expect to lose about $200 per month.  As prices rise relative to those in Europe, COLA will continue to drop.