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Through The Economic Lens: Inflation, The Silent Thief Stealing From Every Wallet

Through The Economic Lens: Inflation, The Silent Thief Stealing From Every Wallet
Photo: Free Press Journal · view original

Mumbai: “Inflation is always and everywhere a monetary phenomenon.” — Milton Friedman (1912–2006), Nobel laureate economist Money can grow poorer without losing a single rupee. The ₹100 note in your pocket remains ₹100. Your bank balance may look familiar, yet the shopping bag grows lighter, the...

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