lebogangmaruping39 lebogangmaruping39

15-09-2021
Business

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how does inflation affect money as store value ?

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emmagross2006 emmagross2006

15-09-2021

Inflation means that the value of money decreases. ... This means that it is harder to place a value on money, thus it becomes more difficult to use it as a store of value. With a high rate of inflation, the real value of debt erodes. This means that it is effectively easier to pay back the debt.

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