How does inflation actually work 2024?
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Studied at the University of Tokyo, Lives in Tokyo, Japan.
Inflation is defined as a sustained increase in the general level of prices for goods and services in a county, and is measured as an annual percentage change. Under conditions of inflation, the prices of things rise over time. ... When inflation goes up, there is a decline in the purchasing power of money.
2023-05-11 11:15:31
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Inflation is defined as a sustained increase in the general level of prices for goods and services in a county, and is measured as an annual percentage change. Under conditions of inflation, the prices of things rise over time. ... When inflation goes up, there is a decline in the purchasing power of money.