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It was infalation.
misery index
During times of high inflation, it is best to regulate the price increase of the retailers. Policies should include price regulation, and consumer control.
inflation
Inflation was a big problem for Americans during the Revolution
Consumer Price Index (CPI) is a measure of changes in the purchasing-power of a currency and the rate of inflation. The consumer price index expresses the current prices of a basket of goods and services in terms of the prices during the same period in a previous year, to show effect of inflation on purchasing power. It is one of the best known lagging indicators. See also producer price index.Refer to link below.
Inflation on apexhave a blessed day friends
during periods of inflation tax rates sholkd
Inflation is rise in price of commodities in the economy. Inflation takes away the spending capacity from a consumer in an economy. As such premium must be paid during the initial period. However when people are facing a hard time fulfilling their basic needs such as rations how can we expect people to pay premium? Premium is paid to insure themselves from risk. But context here is different. People will be facing tough situation and encountering sky-rocketting price meaning spending power of consumer will decrease. So there will be decrease in number of insured around the world if the inflation hit hard.
british
Dignity
it can be wise if the inflation rate doesnt reach the extent to which the money has to be changed