Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, and consequently, the purchasing power of a currency is falling. It erodes the real value of money over time, making each unit of currency buy fewer goods and services.

See also

Linked from: Banknote, Business Cycle, Central Bank, Consumer Spending, Cost Of Living, Deflation, Early Universe, Ecb, Economic Boom, Economic Crisis, Economic Cycle, Economic Cycles, Economic Health, Economic Indicator, Economic Indicators, Economic Policy, Economic Recession, Economic Stability, Economy Iran, Energy Prices, Exchange Rate, Exchange Rates, Federal Reserve, Fiat Currency, Fiat Money, Financial Crisis, Gdp, Gold Standard, Gross Domestic Product, Hyperinflation, Interest Rate, Interest Rates, Macroeconomics, Monetary, Monetary Policy, Money Supply, Nominal Income, Price Control, Purchasing Power, Purchasing Power Parity, Real Income, Recession, Relative Price, Time Value, Us Economy, Usd

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