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'''Inflation''' in economics, collective increases in the supply of money, in money incomes, or in prices. Inflation is generally thought of as an inordinate rise in the general level of prices. From a theoretical view, at least four basic schemata commonly used in considerations of inflation can be distinguished.
'''Inflation''' in economics, collective increases in the supply of money, in money incomes, or in prices. Inflation is generally thought of as an inordinate rise in the general level of prices. From a theoretical view, at least four basic schemata commonly used in considerations of inflation can be distinguished.
