Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

What is inflation and how depression period arises in 2008

The term "inflation" originally referred to increases in the amount of money in circulation. In economics, inflation means prices of goods and services increases in an economy during a period of time. As the price increases value of the money is decreases and people is not able to satisfy their daily needs. This is the main reason to increase the poverty in our country. It is the bad effect not only in the one country but whole of the economy. Inflation includes a decrease in the real value of money.