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Finances

Inflation risk

Twenty cents for a gallon of milk; 10 cents for a loaf of bread. A new house for $10,000. A new car for $2,000. These prices may seem like a pipe dream but this was the reality in the 1940s. Inflation – the rate the prices of goods and services rise and, as a result, purchasing power falls – has caused prices to rise over time. Today, after…

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