What is "inflation"?

Correct answer: General increase in prices of goods and services

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What people think about it: 4 Comments
I, Claudius
I, Claudius
Inflation is often artificially caused by a nation's central bank when it prints an excess of cash. If the total amount of a country's currency doubles (by printing 100% of its money in bank notes), but the total production of it stays the same, then the value of each product will double up.
Bluemoon7
Bluemoon7
I would rather think Deflation..
Sassy
Sassy
Everytime I ask someone why their prices are so high they always say, “Inflation.”
It’s The Dragon
It’s The Dragon
Player #53553731, yeah, kind of…?