increases the value of dollar to rise.
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What Impact Does Inflation Have on the Dollar Value Today?
By EVAN TARVER
Reviewed by ROBERT C. KELLY on July 26, 2021
The impact inflation has on the time value of money is that it decreases the value of a dollar over time. The time value of money is a concept that describes how the money available to you today is worth more than the same amount of money at a future date.
This also assumes you do not invest the money available to you today in an equity security, a debt instrument, or an interest-bearing bank account. Essentially, if you have a dollar in your pocket today, that dollar’s worth, or value, will be lower one year from today if you keep it in your pocket.
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