Inflation is a continuous increase in prices over time that devalues currency. For example, the price of rice may be $3 per kilo today but $4 or $10 per kilo tomorrow. Interest rates measure the profitability of savings or the cost of loans and have a direct relationship to money over time. Interest rates also index and measure profitability, and are directly related to inflation.
Inflation is a continuous increase in prices over time that devalues currency. For example, the price of rice may be $3 per kilo today but $4 or $10 per kilo tomorrow. Interest rates measure the profitability of savings or the cost of loans and have a direct relationship to money over time. Interest rates also index and measure profitability, and are directly related to inflation.
Inflation is a continuous increase in prices over time that devalues currency. For example, the price of rice may be $3 per kilo today but $4 or $10 per kilo tomorrow. Interest rates measure the profitability of savings or the cost of loans and have a direct relationship to money over time. Interest rates also index and measure profitability, and are directly related to inflation.