That doesn't make any sense. Inflation causes the value of money to go down, not up.
If 4000 dollars buys 4000 loaves of bread today, after ten years of 3 percent inflation, it will buy only about 2976 loaves of bread, so that means that the 4000 dollars has lost about a quarter of its value.
That doesn't make any sense. Inflation causes the value of money to go down, not up.
If 4000 dollars buys 4000 loaves of bread today, after ten years of 3 percent inflation, it will buy only about 2976 loaves of bread, so that means that the 4000 dollars has lost about a quarter of its value.