The economy is literally just people passing money around. What causes the value of a currency to decrease?
In: Economics
inflation is when money becomes less valuable and this can have different causes.
Money is being printed.
People have more money to spend so theres more money being moved around and however much u had before isn’t as valuable. Caused mostly by tax breaks.
Things become more expensive and so however much money u had can not buy what it used to be able to. Caused by increased costs to run a business.
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