Inflation and the EconomyInflation is one of the most important and frequently discussed economic topics. Economists, ...
The definition of inflation is an increase in prices and a subsequent decrease in the purchasing power of money. But demand-pull inflation is slightly more complex, as it occurs when prices go up ...
Transitory "Demand-Pull" Inflation has decreased from 9% in June 2022 to 3% today. It was caused by temporary COVID-related supply shortages. The next wave of inflation, called "Cost-Push," is ...