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i think that the major cause of inflation is the way banks and lending companies create money out of thin air to lend. that plus the creation of money in mints adds up and eventually there is more money floating around than ft knox has gold to back it up with. so, to compensate, we make the dollar worth less so that we only have as much money as gold.

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16y ago
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11y ago

inflation is defined as a sustained increase in the general level of prices for goods services

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Q: A small discribtion of the cause of the inflation?
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