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inflation

  • What is causing inflation in 2023?

    Inflation is a general increase in the price of goods and services in an economy over a period of time. It can have a significant impact on the economy and the financial well-being of individuals. Several factors, including supply and demand, monetary policy, and government spending, can cause inflation. Inflation and recession are two of

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  • What Is Inflation?

    • January 23, 2023
    • Category: inflation

    Inflation is the rate at which the general level of prices for goods and services rises and, subsequently, purchasing power falls. It is measured as an annual percentage increase. When prices rise, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power of money – a loss

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  • What inflation will do to your 2023 taxes

    • January 17, 2023
    • Category: inflation

    Inflation can significantly impact your taxes, and it’s essential to understand how it may affect your tax bill in 2023. The new tax brackets for 2023, which are based on inflation, have been announced by the IRS, and they may affect your taxes in several ways. In this article, we will discuss the new tax

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  • Why Is Inflation So High?

    • January 17, 2023
    • Category: inflation

    Inflation is a measure of how much prices for goods and services have risen over time. It is usually measured by the Consumer Price Index (CPI), which tracks the cost of a basket of goods and services that a typical consumer would purchase. In recent months, inflation in the United States has risen significantly, leading

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  • What is the Inflation Rate 2020-2023

    • January 16, 2023
    • Category: inflation

    Inflation is a measure of the rate at which the general level of prices for goods and services rises and, subsequently, purchasing power falls. Various factors, including an increase in the money supply, increased demand for goods and services, or a decrease in the supply of money, can cause inflation. In the United States, the

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