Inflation
Inflation
Inflation is a continuing rise in the general level of prices.
This results in our money having less purchasing power, so our money is worth less. Deflation is the opposite, a decrease in the level of prices.
Inflation is a continuing rise in the general level of prices.
This results in our money having less purchasing power, so our money is worth less. Deflation is the opposite, a decrease in the level of prices.
