Inflation Defined
A general increase in prices and fall in the purchasing value of money.
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Want to know how the rich get richer during inflation? This read includes insight on the strategies and investments of the wealthy vs the impoverished. Lastly, learn a little about U.S. security debts and the benefits of inflation.
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Similar ideas to Inflation Defined
Definition hyper-inflation
Hyperinflation is generally considered to occur when inflation is greater than 1000%.
With hyperinflation, money loses its value so rapidly that nobody wants to use it as a medium of exchange.
Cost-Push Inflation
Cost-push inflation is the decrease in the aggregate supple of goods and services stemming from an increase in the cost of production.
An increase in the costs of raw materials or labor can contribute to cost-pull inflation.
Motivation Defined
Motivation is “the reason or reasons one has for acting or behaving in a particular way,” or rephrased, “the general desire or willingness of someone to do something.”
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