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Could Inflation Be a Friend and Not a Foe?
27
Aug
Could Inflation Be a Friend and Not a Foe?
When inflation increases, people often feel the sting of paying more for groceries, gas, and almost everything else. Many may feel inflation is terrible because their paychecks are shrinking, and they don’t like paying more for the same items. But inflation also has positive benefits that may occur over time, such as: Wages increase Employers often increase wages for their