3 ms·
Look up inflation as it is used by governments and economists, journalists and really everyone except internet 'Austrian' fans. It's a measure of the increase
by Nursie 4y ago
Look up inflation as it is used by governments and economists, journalists and really everyone except internet 'Austrian' fans.
It's a measure of the increase of prices compared to currency value. Currency supply change can be one of the forces which affect it, but it's far from the whole picture.