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What is Inflation? Understanding Its Causes, Types, and Effects
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What is Inflation? Understanding Its Causes, Types, and Effects
Before you invest in a home, grow your savings, or plan for retirement, you’ve likely paused to ask what is inflation and why your money feels tighter than it used to. Prices rise quietly over time. Paychecks don’t always keep up. During periods of high inflation, even simple choices like shopping, saving, or borrowing start to feel heavier. In this article, we explain the causes of inflation, its various types, such as demand-pull and cost-push…
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