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@Virtual Assitance by Pesh

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Good everyone, Today, I’d like to take a moment to talk about something that affects us all—inflation. Inflation is the rate at which the general level of prices for goods and services rises, eroding the purchasing power of our money. In simple terms, it means that over time, your money buys less than it used to. We feel it when the cost of groceries goes up, when fuel prices rise, or when rent becomes more expensive. While a moderate level of inflation is normal in a growing economy, too much inflation can be harmful. It can stretch household budgets, reduce savings, and create uncertainty for businesses. On the other hand, deflation—falling prices—can also be dangerous, leading to reduced economic activity and job losses.