
What Causes Inflation and Deflation?
Money For the Rest of Us
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The Problem With Inflation in Mexico
In 1985, inflation in Mexico was over 100%. Imagine if you just had a fixed income, and it wasn't catching up with that. And I definitely saw that in Mexico. One of the things you found with hyperinflation is you go to the post office, and the stamps wouldn't keep,. They keep raising the price to mail a letter back to the States.
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