Nearly 60 and I still don’t “get” inflation. Can anyone explain? Thank you.

  • daniskarma@lemmy.dbzer0.com
    4·
    8 hours ago

    There are a lot of explanations about how it happens.

    But the word, inflation, only means that the same amount of money “tokens” can buy less amount of “good and services” in relation of two different moments in time.

    How that can be caused is where complication and expectations (and a LOT of political propaganda) begins.