Understanding Inflation: Causes & Impact 📉
Inflation is when prices rise and money loses value due to higher costs, supply issues, and increased raw materials and transportation expenses.
DW (English)
1 views • Feb 22, 2022
About this video
Inflation means rising material costs; prices rise and money loses value. Causes include diminished supply, high raw materials prices, transport and manufacture, and too much currency in circulation. Hyperinflation is the worst-case scenario.
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1
Duration
2:40
Published
Feb 22, 2022