Inflation, Explained
Afford Anything
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The Cantalon Effect
Inflation spurs investment because investors look to various assets like equities, commodities and real estate. Inflation also spurs spending, because the knwledge that cash to morrow will be worth less than cash to day is a motivator to spend now. So it's healthy for a society to have a small, controlled degree of inflation. India has set its target inflation rate at four %, with a plus minus two % on either end.
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