|MadSci Network: Other|
I know the defination of inflation. It's basically surplus money chasing the available goods and services. But it seems to me that the rate of inflation is affectived by a continuing increase in populations. Also why is the rate of inflation very low in the US & quite high in other countrys? Is inflation affected by the money supply or is the money supply a constant ? Is there a correlation between a country's rate of population increase and its rate of inflation ? Sincerely, Marc Berblinger San Diego, CA.
Re: Exactly what causes Inflation?
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