LovePrevails Posted September 10, 2015 Posted September 10, 2015 according to the school of life with their resources it would be great if they did the truth about inflation it would reach hundreds of thousands
labmath2 Posted September 13, 2015 Posted September 13, 2015 From my understanding, alll those reasons fall under three; supply, demand, or printing. Change in supply is inversely proportional to inflation, or if we produce faster (more) with less or same cost, you get deflation and if you produce slower (less) with more or same cost, you get inflation. Demand is proportional to inflation, the more people want it, the mote it costs. Printing more leads to inflation, while no more printing leads to deflation. The only good kind of inflation is a result of increase in demand, it either means more people want it (luxury) or increase in population.
AncapFTW Posted September 14, 2015 Posted September 14, 2015 6:54 "prices rise because we can yet keep the complex system known as the economy under control" Well, there's you problem. You think you are supposed to control the economy.
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