Sufficient to fend off inflation value destroying effects

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It is often stated by economists that inflation can destroy the long-term value of companies. IDescribe exactly how inflation does this. Plrovide an example to show the destruction of value. Also, under what circumstances, or unique characteristics of firms position the firm to perform well in an inflationary environment? Finally, if a company's earnings grow at the same rate as inflation, is that sufficient to fend off inflation's value destroying effects?

Reference no: EM133227524

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