3 ms·
Why is it sticky? Because it isn't just a mathematical equation. Human psycology comes into play and people (those setting prices and those buying) begin to exp
by CTDOCodebases 3y ago
Why is it sticky? Because it isn't just a mathematical equation. Human psycology comes into play and people (those setting prices and those buying) begin to expect prices to increase. Inertial inflation is the term used to describe it.[0]
[0] - https://en.wikipedia.org/wiki/Inertial_inflation https://en.wikipedia.org/wiki/Inertial_inflation