Whether one regards inflation as a “good” thing or a “bad” thing depends very much on one’s economic situation. If you are a borrower, unexpected inflation is a ["", "", "", ""] thing—it reduces the value of money that you must repay. If you are a lender, it is a ["", ""] thing because it reduces the value of future payments you will receive.
Whether one regards inflation as a “good” thing or a “bad” thing depends very much on one’s economic situation. If you are a borrower, unexpected inflation is a ["", "", "", ""] thing—it reduces the value of money that you must repay. If you are a lender, it is a ["", ""] thing because it reduces the value of future payments you will receive.
In economic matters, inflation is general inflation in the costs of goods and services in an economy. At the point when the general cost level ascents, every unit of cash purchases fewer goods and services; thus, inflation relates to a decrease in the buying influence of money. The inverse of inflation is collapse, a supported reduction in the general value level of goods and services. The normal proportion of inflation is the inflation rate.
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