Understanding the Economy – Clear & Practical Insights
Learn how the economy really works – from inflation to interest rates and political decisions. For everyone seeking clear financial context.
Understanding Economics🧠 Knowledge
Galloping Inflation
Galloping inflation describes a situation in which the prices of goods and services rise exponentially in a very short period of time, usually when the monthly inflation rate exceeds 50 percent
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Understanding Economics🧠 Knowledge
Hyperinflation
Hyperinflation is an extremely rapid and severe form of inflation in which the prices of goods and services rise exponentially and the purchasing power of a currency declines dramatically within a very short period of time.
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Understanding Economics🧠 Knowledge
Inflation Rate
The inflation rate is a measure of how quickly prices for goods and services are rising in an economy. The inflation rate is often expressed as a percentage and can be calculated monthly, quarterly, or annually.
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