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What is point of inflation?

Updated: 8/23/2023
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Wiki User

12y ago

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Inflation is the enemy of the economy. Over time, inflation decreases the real value of money, that is, your purchasing power. Inflation doesn't have any purpose, it just exist as part of our monetary system.

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11y ago
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Wiki User

12y ago

a point at which curve changes its shape with fixed rate of change is called point of inflaction...

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