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This Principle Suggests That A Certain Amount Of Money Today Has Different Buying Power Than The Same Amount Of Money In The Future. This Is Due To Both The Opportunity To Earn Interest On The Money And Because Inflation Will Drive Prices Up - Thereby Changing The ʺvalueʺ Of The Money.

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1. This Principle Suggests That A Certain Amount Of Money Today Has Different Buying Power Than The Same Amount Of Money In The Future. This Is Due To Both The Opportunity To Earn Interest On The Money And Because Inflation Will Drive Prices Up - Thereby Changing The ʺvalueʺ Of The Money.





 
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