More nonsense in the financial world. Here is what people need to - TopicsExpress

More nonsense in the financial world. Here is what people need to understand, inflation rate (relative movement) and actual inflation (absolute movement) are two different things and while certain media and political types like to concentrate only on rate a lot of thought should be given to historical reference an absolute movement in price consists of. Short term high inflation rate with a period of deflation or stagnation is better for the economy long term than a stable period of low inflation. Please reference compounding interest if you need.

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