What is Inflation? Inflation refers to the sustained increase in the price level of goods and services over time, which erodes the purchasing power of money. As inflation rises, each unit of currency buys fewer goods and services than before. ...
What is Inflation? Inflation refers to the sustained increase in the price level of goods and services over time, which erodes the purchasing power of money. As inflation rises, each unit of currency buys fewer goods and services than before. ...