Look at the following advertisement. China Daily We would like to hear your opinions about the

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问题     Look at the following advertisement.
                             China Daily
    We would like to hear your opinions about the influence of inflation on our daily life. The selected ones will be published in our newspaper and the writers fairly paid. Please clarify your viewpoints and specify the reasons.
    Write an essay in 100-120 words in an appropriate style.

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答案 Inflation refers to a situation where something costs more today than it used to. Inflation seems far away form our daily life. However, inflation does affect our daily life. To begin with, inflation usually hurts our buying power. That’s because rising prices means we have to pay more for the same goods and services. When inflation is high, the prices at the store are going to go up faster. Inflation can help us if we are the lucky recipient of income inflation. However, if our income increases at a slower rate than general inflation, our buying power declines even if we are making more. Furthermore, inflation means our savings accounts actually lose money. If our savings account has a lower rate than the rate of inflation, our money is actually becoming less valuable over time. So for the average person’s wallet, inflation is generally a bad thing.

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