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.
agribusinessedu.com/inflation-and-its-type-causes-and-impact-on-the-economy/
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