The most authoritative answer in 2024
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Abigail Wilson——Studied at the University of Queensland, Lives in Brisbane, Australia.
If the rate of inflation is high and you are receiving a low interest rate, you could find it difficult, or even impossible, to beat inflation. The rule is simple: "After tax, the rate of interest you earn on your savings must be greater than the rate of inflation, in order for your money to actually be growing."read more >>+119962023-05-11 10:50:35
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