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Inflation is not just prices going up, or "cost of living" increases, those are artifacts of inflation. Even though price increases can trigger a bit of inflat
by fuzzfactor 5y ago
Inflation is not just prices going up, or "cost of living" increases, those are artifacts of inflation.
Even though price increases can trigger a bit of inflationary pressure, OTOH related or unrelated price increases can become a true result of inflation also.
Inflation is the value of your currency going down (relative to some thing(s) possesing features of universal craving).
- dragonwriter 5y ago> Inflation is not just prices going up That is literally the definition of inflation.