TeachMeFinance.com - explain Inflation
inflation -- Growth in a general measure of prices, usually expressed as an annual rate of change.
Inflation -- A rate of increase in the general price level of all goods and services. (This should not be confused with increases in the prices of specific goods relative to the prices of other goods.)
-- the number of dollars in circulation exceeds the amount of goods
and services available for purchase; inflation results in a decrease
in the dollar's value.
inflation -- an economic condition marked by a decrease in the purchasing power of the dollar and a general rise in prices.
Inflation -- Loss of purchasing power of money caused by growth of the amount of money in circulation and reflected in a rise in prices without a proportionate increase in value of the things purchased..
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