What Is Inflation? Definition, Formula, Causes
Published in
Aug 21, 2022
WRITTEN BY VINCENT MARTIN|UPDATED AUGUST 19, 2022
Inflation is an ever-present part of modern economic life. But its effects often are modest and relatively unnoticed, especially over short periods of time.
When that changes, however, it changes in a hurry, and in a big way. Economic participants need to adapt quickly.
To do that, they need to understand what inflation is, what its impacts are — and how to respond to inflation.
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