Inflation is not prices going up, it is your money going down. Same event, more useful framing.

At 3 percent a year, 20,000 in cash buys about 14,900 worth of goods ten years later.

A 3 percent pay rise in a 3 percent inflation year is not a pay rise. It is standing still.

Inflation is the only force that makes a fixed-rate mortgage cheaper every year you hold it.

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