#Did U Know⁉️ #Economics
💰What is Inflation Vs Deflation
⬆️Inflation occurs when the prices of goods and services rise too much, too quickly,
🏓Moderate inflation is associated with economic growth,when the rate of inflation rises rapidly, it can result in lower purchasing power, higher interest rates, slower economic growth and other negative economic effects,Higer inflation can signal an overheated economy.
⬇️Deflation occurs when those prices decrease,tends to occur less often and in a shorter period than inflation. It usually occurs during times of recession or economic crisis, and could lead to a worse economic crisis.
#Inflation
💰What is Inflation Vs Deflation
⬆️Inflation occurs when the prices of goods and services rise too much, too quickly,
🏓Moderate inflation is associated with economic growth,when the rate of inflation rises rapidly, it can result in lower purchasing power, higher interest rates, slower economic growth and other negative economic effects,Higer inflation can signal an overheated economy.
⬇️Deflation occurs when those prices decrease,tends to occur less often and in a shorter period than inflation. It usually occurs during times of recession or economic crisis, and could lead to a worse economic crisis.
#Inflation