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Thread: inflation

  1. #1
    Join Date
    Jul 2008
    Posts
    6

    Default inflation

    Inflation, in classical economics, is an increase in the total stock of money. As the consequence of that, so called price inflation occurs and is revealed in a rise in general level of prices of goods and services over time. Inflation is also thought of as insurance against a shortage of supply. Although "inflation" is sometimes used to refer to a rise in the price of a specific set of goods or services, a rise in price of one set (such as food) without a rise in others (such as wages) is not included in the original meaning of the word. Increases in the price of financial assets (stocks, bonds, etc.) are not included in the calculation of inflation by governmental or banking agencies.

  2. #2
    Join Date
    Jan 2008
    Location
    gods own country
    Posts
    2,319

    Default

    moving to general discussion :arrow:

  3. #3
    Join Date
    Feb 2005
    Posts
    39

    Default inflation

    I do not really understand what you want to conclude. Inflation has economical consequences for the whole industry, the value of the currency, etc.. Could you develop; it would be very useful
    Cheers

  4. #4
    Join Date
    Jun 2008
    Posts
    28

    Default

    Yea im a little confused too. What is it your trying to tell us?

  5. #5
    Join Date
    Feb 2005
    Posts
    39

    Default inflation

    As I am not the only one to be confused, could you please add some comments
    Cheers

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