Yesterday 11:20 am
-------------------------------*Beekeeper » 27 minutes ago » wrote: ↑ Higher prices.
Tariffs DO NOT cause inflation because PRICE INCREASES don't continue every month, *******!!
AND because the very definition of INFLATION has NOTHING to do with "price increases" but has EVERYTHING to do with an INCREASE IN THE MONEY SUPPLY and that starts chasing TOO FEW GOODS. THAT pesky law of supply and demand starts kicking in, CAUSING INFLATION!!
Inflation refers to a sustained increase in the general price level of goods and services in an economy over a period of time. This means that a unit of currency buys fewer goods and services than before, effectively reducing its purchasing power
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inflation refers to how much can be gotten with a dollar or how many more dollars is needed than before, that is inflation, //example / /a candy bar that was once a dollar now costs 2 dollars//// that is inflation. dumb ***
you are so **** stupid.