GBTV - Do YOU Know What Inflation Is?

The story of inflation in Germany told by a woman who lived through it.

Inflation - a consistent increase in the prices of goods and services over time is known as inflation. During inflationary times, money loses its "buying" or "purchasing" power, and it takes more units of currency to purchase the same units of goods or services. Over time, inflation lowers the value of each unit of currency.

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