2 thoughts on “Talking Professors: Economic theory and reality: inflation”
I don’t think it’s accurate to say that the central bank is the sole cause of inflation instead it plays a crucial role in managing and influencing inflation through monetary policy.Inflation results from a combination of factors including high consumer demand, increased production costs, fiscal policies, monetary policies and built- in inflation .
I don’t think it’s accurate to say that the central bank is the sole cause of inflation instead it plays a crucial role in managing and influencing inflation through monetary policy.Inflation results from a combination of factors including high consumer demand, increased production costs, fiscal policies, monetary policies and built- in inflation .
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More detail for you. Inflation is always more units of money used in the same number of transactions and then ask where more units come from?
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