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Inflation has nothing to do with the scarcity of goods. It has to do with the scarcity of money.
by harryh 7y ago
Inflation has nothing to do with the scarcity of goods. It has to do with the scarcity of money.
- ambernightcruse 7y agoThe first sentence is incorrect, inflation is about too many dollars for the amount of goods available for purchase. You're thinking of deflation, which is the relatively small amount dollars for real goods in the economy.