“Why is inflation bad?”
“Inflation is a process of continuous increase in the prices of most goods and services in a country. This does not necessarily mean that all prices increase. There may be some exceptions, such as computer prices which have actually declined in recent years. Inflation can therefore be described as a persistent general increase in prices.”
Read more. “Why is inflation bad?” Via the South African Reserve Bank. Image by Salvatore Vuono / FreeDigitalPhotos.net.
