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Imagine that you live in a small nation of 10,000 people. The nation's richest citizen gives away a billion dollars by giving each citizen $100,000.
Imagine that you live in a small nation of 10,000 people. The nation's richest citizen gives away a billion dollars by giving each citizen $100,000. One effect of this gift is that prices across the nation spike upward. What type of inflation is this
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