It is bad if prices raise because people will lose money and eventually the economy will fall and the USA. will become a major sh**hole
When prices rise, income buys less.
rise
A driving factor in the rise is the Gulf oil crisis. Prices are expected to rise at least 7% over the summer.
That is inflation.
When gas prices rise, other products soon follow. This is a sign of inflation, where the general value of money decreases and prices rise.
a rise in prices that occurs when currency loses its buying power
Prices will fall when the demand is much lower than the supply. When the supply is lower, there is greater demand, therefore, the prices will rise.
The problem is that agricultural resources are diverted for fuel instead of food, causing food shortages and a rise in food prices.
prices rise
an inflation ;)
People will horde if they think the prices will rise as long as they can store the product.
Supply and demand is what causes house prices to rise. If there are few houses for sale, but many people looking to buy a house, the price of those few houses will rise.