Inflation

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#11 week ago
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+**Inflation** is the rate at which the general level of [prices](/wiki/prices) for goods and services is rising, and consequently, the [purchasing power](/wiki/purchasing_power) of a currency is falling. It erodes the real value of money over time, making each unit of [currency](/wiki/currency) buy fewer goods and services.
+## See also
+- [Deflation](/wiki/deflation)
+- [Economy](/wiki/economy)
+- [Interest Rate](/wiki/interest_rate)
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