Inflation: the Silent Tax, the Loud Grinder
“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man” – Ronald Reagan
Inflation is the result of too much money being spent to buy too few products. An increase in average prices that is maintained is referred to as inflation.
One of the most fundamental economics principles is the notion that inflation rises when the money supply increases.
https://agribusinessedu.com/inflation-and-its-type-causes-and-impact-on-the-economy/
#inflation #demandaverageinflation #costpushinflation #built-ininflation #importedinflation
#aggregatedemand #aggregatedemandcurve #aggregateas #aggregateascurve
#pricelevel #purchasingpower #inflationaryspiral #stagflation #deflation #monetarypolicy #fiscalpolicy #economicgrowth #unemployment #incomedistribution