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questions :Inflation what is?
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[Visitor (111.8.*.*)]answers [Chinese ]Time :2020-04-06
Inflation is generally defined as: under the credit and monetary system, the amount of currency in circulation exceeds the actual needs of the economy and the currency depreciation and price levels are comprehensive and sustained.

When the currency circulation in the market increases and the people ’s money income increases, the actual purchasing power is greater than the output supply, which causes the price to rise and causes inflation.

Unlike currency depreciation, overall inflation is a decrease in the value of money in a particular economy, and currency depreciation is the decrease in the relative value of money between economies. The former affects the domestic value of this currency, while the latter affects the value of this currency in the international market. The correlation between the two is one of the economic disputes.

Depreciation of currencies causes prices to rise



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