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Economy What Is Inflation?
If authorities decide to increase the money supply by 30%, leading to a corresponding 30% rise in both prices and wages in pesos, some might question whether this truly constitutes inflation. In this scenario, where the increase in money supply is matched by an equivalent increase in wages, it...- Droooped
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- economy argentina inflation money supply peso savings printing-money purchasing power transaction convenience wages
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- Forum: ExPat Life
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