1

Understanding Inflation in Simple Terms

News Discuss 
Inflation is simply the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. In basic terms, it means your money buys less than it used to. When you hear that the inflation rate is 3%, it implies that a basket of goods that cost $100 last year now costs $103. The primary cause is often too much money chasing too fe... https://shutdown123.com/

Comments

    No HTML

    HTML is disabled


Who Upvoted this Story