Eli5: Why can’t prices stay the same/inflation be 0%?

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Eli5: Why can’t prices stay the same/inflation be 0%?

In: Economics

7 Answers

Anonymous 0 Comments

Prices change because value changes. As COVID sank in, lumber became very hard to get, and so its price shot up.

Inflation happens because the government wants it to – it encourages rich people to spend their money instead of sitting on it and works fairly well at doing that.

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