3 ms·
When inflation is positive but low, prices grow exponentially, but the time it takes to hit the "knee" of the exponential curve is long. When inflation is nega
by SAI_Peregrinus 3y ago
When inflation is positive but low, prices grow exponentially, but the time it takes to hit the "knee" of the exponential curve is long.
When inflation is negative, it's deflation, and prices drop exponentially.