Inflation
Consequently inflation corresponds to a reduction in the purchasing power of money. Hyperinflation in Turkey and Argentina Today. Project Starts Fall As Inflation Bites In 2022 Architects Journal Journal Project Projects WASHINGTON -- US inflation hit 86 over the past year highest rate in 4 decades. . Food houses cars clothes toys etc. The inflation rate plays an important role in determining the health of an economy. Inflation occurs when prices rise decreasing the purchasing power of your dollars. Countries with extremely high inflation rates are said to have hyperinflation and when this occurs the economy is often near collapse. When the general price level rises each unit of currency buys fewer goods and services. The opposite of inflation is deflation a sustained decrease in the general price level of goods and. In 1980 for example a movie ticket cost on average 289. The year-on-year rate increased 86...