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Inflation: Information to Spot Lending Traps and Opportunities
Michael L. Weissman
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What is inflation? It is simply the dilution of a country’s currency. Inflation results when too much money is chasing too few goods or services. One cause, to give an example we are now living through, is the historic COVID stimulus payments and bailouts, which created more money. Pair that with fewer goods caused by supply chain issues, and prices began to rise. Worker shortages are also playing a part. Employers have been raising wages, and then raising prices to help offset the higher …
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