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Glossary entry · Money in motion

Inflation

Definition

The rate at which prices of goods and services rise over time. The number in your account stays the same, but it buys less. Even a "safe" savings account loses real value when inflation outpaces the interest rate.

Example

€10,000 left in cash for 30 years at 3% inflation is worth ≈€4,120 in today's purchasing power.

From the lessons
Lesson · 02

Inflation

This term appears in a longer lesson, where the idea gets the proper treatment with examples and a working visualization.

Read the lesson