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inflation adjustment clauses are nothing new to contracts but what is uncommon is the high rate of inflation that weamp;#39;re currently experiencing and just how fast that flat inflation is rising so whereas before it wasnamp;#39;t as important now itamp;#39;s imperative because if if an inflation adjustment uh isnamp;#39;t accounted for the receiver of money stands to lose a lot of the value of the contract so you may have heard of the term nominal value nominal value is the face value stated on the contract for example if i purchase a service every month for 1500 1500 is the nominal value of that contract but we canamp;#39;t buy go by nominal value alone especially for longer term deals because again we stand to lose a tremendous amount of money if we do so in this video weamp;#39;re going to go over three key considerations for any inflation adjustment clause in a contract so first you need to have a basis for the rate of inflation and this is this is really really important