Inflation and Types of Inflation

The most simple and easy definition of inflation is reduction or drop in the value of money. Inflation is a comprehensive topics and it also have different types. Several economists have described inflation in different ways. For example Coulborn define inflation as...

Types of Inflation

Several economists have described the inflation in different ways. For example Coulborn define inflation as “Too much money chasing too few goods.” According to Crowther “Inflation is a state of economy in which the value of money is falling, i.e. prices are rising.”...