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JR of Exciting World Cryptos JR of Ex.. Cryptos
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Why Does Inflation Happen?

 
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Isaac Christian 4 days ago

This is a good topic which addresses the current challenges that we face globally, particularly in the poor countries.

Inflation is simply the persistent rise in the prices of goods and services in a an economy over a period of time.

It has types. It could be cost push inflation or demand push inflation.

CAUSES

1. Too much money in circulation chasing few goods. For example, excess liquidity

2. Currency Devaluation

3. Inadequate Foreign Exchange

4. Balance of Payment Deficit

5. Balance of Trade Problems

6. Foreign Exchange Fluctuations

7. Over Dependence on Importation

8. Other Economic Factors

JR of Exciting World Cryptos 3 days ago

8 really good points you mentioned, yes just so many things doing this

Abiodun Adeosun 4 days ago

Going by my understanding of inflation during my masters years, inflation us caused by a scarcity of products or increase in the flow of money circulation in the economy 

ATIYOTA GODSPOWER 4 days ago

Inflation is but influence by two key factors DEMAND and SUPPLY

JR of Exciting World Cryptos 3 days ago

yes just 2 major things and problems to face

Mhiz Presh 3 days ago

Hmm mm

Thanks for sharing

I cant wait to watch the video

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