How does inflation work?
In: Economics
Inflation the easiest way to explain it would be, the more money is around the less its worth.
Imagine a city with having one fast food shop.
Everyone would go there they could ask for the craziest prices and people would pay it.
Now imagine a city with millions of fast food shops. All selling the same food.
The prices would be low to be able to compete.
This is also why communism cannot work. The economy would break.
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