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Results tagged with inflation
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user 40101
Inflation is generalized increase of prices of goods and services in an economy, along with a corresponding fall in the purchasing value of money. The rate of inflation refers to the increase of the price of goods and services over time.
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If no one knew about inflation, would inflation take place?
But I read this question as, if the idea of inflation and macro economics just disappeared from everyone's head, would inflation still happen... The answer is yes. … This is all real world inflation, and without needing any sort of economics degree or fancy words or theories. …
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