Inflation Essays - Inflation, Financial Economics,

Inflation Inflation Inflation is defined as ?a period of rising prices when the purchasing power of the dollar is falling.? What this boils down to is that as time goes by the dollar bills worth decreases while at the same time prices rise. Now when I say the dollar bill's value decreases I don't mean a dollar reduces to ninety cents. What this means is that one dollar can no longer buy you a pack of gum, that same pack will cost you one dollar and fifty cents. This is a cause of many things. To start the largest influence on why inflation occurs is the economic situation of a country. If a country needs more money spent on its