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Inflation refers to dollars buying less hamburgers. When there's a supply constraint - not enough hamburgers to go around - the price of hamburgers goes up and
by acover 4y ago
Inflation refers to dollars buying less hamburgers.
When there's a supply constraint - not enough hamburgers to go around - the price of hamburgers goes up and as such there is inflation.
- ranger207 4y agoAh, I misunderstood the parent comment to be referring to _money_ supply. Whoops!