Although rarely discussed in the personal finance world, in the medium and long term this is the most
significant effect of inflation.
Not exact matches
In practice it is slightly more complex than this as
inflation can reduce the effective size
of a debt and you can borrow money to pay off debts to get better interest rates, and for a whole country the value
of the currency has a
significant effect,
Finally, we find
significant variance
inflation in the estimated program
effects when controlling for school fixed
effects, and that the size
of the variance
inflation factor depends crucially on the length
of the window used to compare graduates teaching in the same schools.
The large degree
of uncertainty associated with the
effects of these policies logically led to a wide range
of predictions from commentators and practitioners, including the downfall
of the US dollar, rapidly rising
inflation, and the build - up
of a
significant bubble in the Treasury bond market.
Although the disputed amount
of $ 6,540 is relatively small, this amount will continue to increase with
inflation each year, and more importantly, may have a
significant effect on a party's entitlement to costs, as will be discussed below.