Visualizing The Three Different Types Of Inflation
Did you know that there’s not one, but three types of inflation? (Well, there are probably more than that, but this article only focuses on three.) Inflation, defined simply, is the increase in prices in an economy and the subsequent reduction in the value of the country’s currency. This great infographic-based article highlights three separate causes of inflation: an increase in the supply of money by the government; an increase in the prices of consumer goods; or an increase in the prices of assets (think stocks and bonds). Read full article here