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“What’s the Bigger Worry: Inflation or Deflation?”
“If you get $1,000 per month in pension income that is not adjusted each year for inflation, then it will buy you $1000 worth of goods in 25 years assuming no inflation. But, at 2 per cent for 25 years, which is pretty much what we are getting now, the purchasing power of your $1,000 […]
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