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    e increase of basic commodities through a pegged year. The pegged year is normally a year in which the economy for that country performed exceptionally well. Now the list o
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    Why ever do interest rates exist? Who in the world invented such a torturous tool that makes your initial loan more expensive than it really was? After all, aren't we borrowing money for the simple fact that we are short of it? Heck, such opportunism really can buy you an express ticket to the netherworld.

    But are interest rates really the work of the devil as some people say? Before we come to understand interest rates, we must first understand the factors that affect it. One of these factors is "inflation".

    Inflation can be described as the power of your one dollar to purchase items. It is related to the Consumer Price Index or CPI. Now the CPI measures the percentage increase of basic commodities through a pegged year. The pegged year is normally a year in which the economy for that country performed exceptionally well. Now the list o

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    wing money for the simple fact that we are short of it? Heck, such opportunism really can buy you an express ticket to the netherworld.

    But are interest rates really the work of the devil as some people say? Before we come to understand interest rates, we must first understand the factors that affect it. One of these factors is "inflation".

    Inflation can be described as the power of your one dollar to purchase items. It is related to the Consumer Price Index or CPI. Now the CPI measures the percentage increase of basic commodities through a pegged year. The pegged year is normally a year in which the economy for that country performed exceptionally well. Now the list o

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    he work of the devil as some people say? Before we come to understand interest rates, we must first understand the factors that affect it. One of these factors is "inflation".

    Inflation can be described as the power of your one dollar to purchase items. It is related to the Consumer Price Index or CPI. Now the CPI measures the percentage increase of basic commodities through a pegged year. The pegged year is normally a year in which the economy for that country performed exceptionally well. Now the list o

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    n".

    Inflation can be described as the power of your one dollar to purchase items. It is related to the Consumer Price Index or CPI. Now the CPI measures the percentage increase of basic commodities through a pegged year. The pegged year is normally a year in which the economy for that country performed exceptionally well. Now the list o

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    e increase of basic commodities through a pegged year. The pegged year is normally a year in which the economy for that country performed exceptionally well. Now the list of these commodities is entirely at the discretion of the nation's economic managers. Why? Because the world is full of different cultures. Some cultures are heavy rice eaters, while others prefer corn. Some are heavy wheat consumers, while others aren't. What is a basic commodity in your country may not necessarily mean that it applies to another.

    Anyway, back to inflation. When prices increase, your dollar gets to buy less. Over time, prices tend to steadily increase. Hence, your one dollar today is not necessarily equivalent in value to your one dollar tomorrow. A case in point: if you could buy four comic books with your one dollar when you were younger, guess what, Bat

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