June 20, 2024

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Inflation Explained: What It Is and Why It Happens

1 min read
Inflation Explained: What It Is and Why It Happens
Inflation Explained: What It Is and Why It HappensWhile many are familiar with inflation, which indicates a decline in currency purchasing power alongside a general rise in the cost of goods and services in an economy, there is a common misconception that inflation is natural. In reality, it is largely driven by an increased money supply, manipulation of interest rates, and quantitative easing […]