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What Is Inflation, and Why Cash in a Drawer Loses Value

Money Basics • Beginner Investing • 6 min

Every, year,, prices, tend, to, creep, upward,, a, cup, of, coffee,, a, movie, ticket,, a, gallon, of, gas, cost, less, a, decade, ago, than, they, do, now., And, that, steady, upward, drift, has, a, name:, inflation., The, U.S., government, tracks, it, primarily, through, the, Consumer, Price, Index, (CPI),, maintained, by, the, Bureau, of, Labor, Statistics,, which, measures, how, the, price, of, a, broad, basket,…

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