What is Inflation?

What is inflation? Inflation is a fundamental economic principle. Inflation is an artificial increase in the money supply that leads to higher prices for goods and services.

Sourced through Scoop.it from: www.mauldineconomics.com

The lesson that seems so elusive to politicians…Increasing the money supply at a rate that outpaces increases in production leads to inflation, or reduction in the buying power of that "money".   

See on Scoop.itEconomicFactors

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