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Description of inflation

Updated: 8/23/2023
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7y ago

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Quoted from Wikipedia.org

In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of the functional currency buys fewer goods and services;

It could also be defined as a cosmological event at the very beginning of the universe during which the universe expanded faster than the speed of light in a fraction of a fraction of a second.

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9y ago
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