What happens during inflation? (yes, this is history)

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asked Mar 28, 2016 147k views

5 votes

What happens during inflation? (yes, this is history)

History
middle-school

Luiz Mitidiero asked

by Luiz Mitidiero

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During inflation, there's more money in circulation an prices rise.

Narendra Vyas answered Mar 28, 2016

by Narendra Vyas

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Inflation can be defined as an increase in the general level of prices for goods and services. As inflation rises every dollar you own buys a smaller percentage of a good or service.

Rexypoo answered Apr 4, 2016

by Rexypoo

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