4 ms·
So if money supply stayed the same but a crisis reduced the supply of goods, while demand increased, then those raising prices are ... not inflation?
by paulryanrogers 2y ago
So if money supply stayed the same but a crisis reduced the supply of goods, while demand increased, then those raising prices are ... not inflation?
- seanmcdirmid 2y agoSay Price = Money supply / value of goods If price goes up then inflation, if price goes down then deflation. If value of good goes down and money supply stays the same, inflation.