Inflation types can be demand-pull inflation, cost-push inflation, and built-in inflation.
Hyperinflation means an increase in prices rapidly because of printing too much money.
Deflation means a reduction in demand and supply and thus low economic activity.
Here below is a primer on the History of “Money”
Famous people born on this day
Born on this day
06/04/2023 1738 King George III 1922 Gene Barry 1928 Dr. Ruth Westheimer 1910 Sir Christopher Cockerell 1924 Dennis Weaver 1948 Bob Champion 1911 Rosalind Russell 1927 Geoffrey Palmer 1950 Peter Van Hooke