Inflation

Can somebody explain inflation to me? I'm looking up 10k with an average inflation rate of 3% for 10 years. It says the money will be worth around 13.5k. I thought inflation devalued currency?

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you fucking retard. the absolute state of biz jesus fucking h christ.

its saying that 10k now will have the equivalent purchasing power of 13.5k in 10 years.

Mamma mia...

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Go back to school

is this satire?

pretty much everything I buy is the same price it was 20 years ago if not a hell of alot cheaper

I hope so...

Can't explain something as easy as inflation for OP kek

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>deflate him

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