If I gave you a hundred rupee note in the year 1958 and you kept it hidden under your bed for 60 years And if you took out that note today and used it in the market, then the value of that note would have reduced to a mere 1 rupee 20 paise in comparison to 1958 Let me explain it to you from another angle, if you did not understand If you buy something worth 100 rupees today, it would have cost 1 Rupee 20 paise back in 1958 That is 100 rupees of today is equal to 1 rupee 20 paise of 1958 This is because of inflation. Inflation means dearness of things that makes things costlier for all of us every year Why does inflation occur and what are the reasons behind this? Is it really a bad thing? And how is inflation related to unemployment and other economic factors? We will talk about all of this in today's Blog where I will explain this "ghastly" inflation to you Come, let us see First of all, a very important question- Why does inflation happen and who is causing it to
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