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What You Need to Know About Inflation

Inflation is like toothpaste. Once it is out of the tube, it is very difficult to put back in. It occurs when competition is missing. It then reduces our purchasing power and distorts the signaling effect of prices. Accordingly, it is important to avoid it. Which is why it is a key target value of monetary and structural policies.

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Richard
Wurman,
founder of the TED conferences: "It was intellectual jazz"
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Richard Wurman
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