Binance
January 28, 2025 at 12:11 PM
*Ever hear your grandmother talk about how everything was cheaper when she was younger?*
She probably isn't exaggerating, thing were likely cheaper!
*Inflation* occurs due to irregularities in the supply and demand for products and services, leading to rising prices. While it has some advantages, too much inflation is generally seen as a bad thing.
Why? Because it erodes the value of your saved money. Thi is why government policies seek typically seek to control high inflation.
Let’s explore the different causes of inflation, how it’s measured, and its impacts on the economy:
https://s.binance.com/FXCATk8K
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