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The Social Lounge
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Inflation.. Some one Explain this??
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<blockquote data-quote="kuki_295" data-source="post: 1697173" data-attributes="member: 27075"><p>An interesting thing</p><p>This was told by my economics prof. if inflation is say 10% and interest you get on you bank saving is 10% then you are gaining nothing for depositing money in bank.</p></blockquote><p></p>
[QUOTE="kuki_295, post: 1697173, member: 27075"] An interesting thing This was told by my economics prof. if inflation is say 10% and interest you get on you bank saving is 10% then you are gaining nothing for depositing money in bank. [/QUOTE]
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Inflation.. Some one Explain this??
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