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Causes and Cures of Inflation - Inflation is a devaluation of the currency, usually caused by excess money in the economy. Sustained inflation can only
Causes and Cures of Inflation - Inflation is a devaluation of the currency, usually caused by excess money in the economy. Sustained inflation can only happen by a continuing increase in the money supply and can only be cured by a reduction in the money supply. Inflation usually manifests as increases in the general price level. The Quantity Theory of Money is a significant tool in understanding inflations and its effects
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