Too much available utility relative to the supply of goods and services causes inflation that can initiate a new business cycle.
In the economics, the term inflation refers to the general increase in the prices of goods and services in an economy and fall in the purchasing value of money.
Inflation is the decrease in the purchasing power of money that is reflected in a general increase in the prices of goods and services in an economy.
Basically, there are three main causes of inflation that are demand-pull inflation, cost-push inflation, and built-in inflation.
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