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When inflation is high, the burden is "front-loaded" in the early years of the loan, but then eases as the real value of the debt is swiftly eroded.
When interest payments comprised a higher proportion of earnings, as in the late 1980s, inflation swiftly eroded the burden of debt, which allowed house purchasers to trade up in the market after a few years.
The company has managed to control much of the market internally, but the Chromebook has swiftly eroded marketshare here in the States.
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But because they are made of a crumbly granite, they are also among the most swiftly eroding.
A swiftly eroding welfare state might offer the thinnest of safety nets to those who fall on hard times, but it does nothing to address the lack of social mobility caused by the dramatic rise in inequality.
However, the expectation that people will use our information for good and not evil is swiftly eroding.
An eroded talent base.
Health benefits have eroded.
That gradually eroded.
"That commitment is being eroded".
But our dominance has eroded.
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