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Peter Clark

Why College Degrees Are Losing Their Value

December 19, 2021 by Counter Markets

By Peter Clark The concept of inflation (the depreciation of purchasing power of a specific currency) applies to other goods besides money. Inflation is related to the Law of Supply and Demand. As the supply of a commodity increases, the value decreases. Conversely, as the good becomes more scarce, the value of the commodity increases. This same concept is also applicable to … [Read more...] about Why College Degrees Are Losing Their Value

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