As inflation increases, the value of money goes down and erodes the future worth of saving and forces one for more current spending.
Although few knowledge deficits have been detected in today's PBL-educated students, a decreasing concern with the adequacy of the professional knowledge base could yet erode the future credibility of the medical profession.
The formula is used to calculate lump sum compensation payments to people with serious injuries, to ensure inflation does not erode the future value of a payout.
The stock price has been eroded by doubts about the future of Martha Stewart Living, with the shares falling $1.68 yesterday, or 15percentto to $9.52.
Although smaller publishers may fold as ad revenues erode, they will champion the future of ink on paper in Japan.
Squabbling and inconsistent messages from ministers, as well as uncertainty about the policies of possible future governments, are already eroding the confidence of businesses.
Then there is the future of digital readers, which erode that largely theoretical firewall writers have installed to keep their work from the corrupting influence of film.
Runaway inflation was eroding the value of wages.
Recession and inflation are eroding the money of millions more.
Inflation erodes the value of future bond payments both coupon payments and the repayment of principle.
