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Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. Inflation is when prices change. This can affect how far your money goes. When prices rise, your dollar buys less. For example, if milk was $3 last year and is $3.30 now, that is inflation. August’s numbers are in…
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Kendall Blythe
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