How does money gain value? Why would £100 from 100 years ago be worth more now?

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How does money gain value? Why would £100 from 100 years ago be worth more now?

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Anonymous 0 Comments

If you time traveled back to 100 years ago, you could rent an apartment in London for a month for £100.

When you come back to the current time, you will not be able to rent an apartment in London for £100/mo anymore, because things have gotten more expensive.

Your money did not change at all. The costs of everything around you changed.

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