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Response to list advantages and disadvantages of inflation
from philip o. Herbert (philobet@yahoo.com)
The disadvantages of inflation:
1.It reduces per capital income of a given country.
2.It leads to wear and tear in monetary value of a nation's currency.
3.It leads to a hypertensive hardship.
4.It breeds sharp bussiness practices and corruption.
5.It begets emmigration.
(posted 7504 days ago)
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