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With high inflation, firms must change their prices often to keep up with economy-wide changes. But often changing prices is itself a costly activity whether explicitly, as with the need to print new menus, or implicitly, as with the extra time and effort needed to change prices constantly. Tax Inflation serves as a hidden tax on currency holdings.
The Ngram Viewer is a service connected to Google Books that graphs the frequency of word usage across their book collection. The service is important for historians and linguists as it can provide an inside look into human culture through word use throughout time periods. [30]
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