How times change!
Have you heard or are you familiar with the “inflation basket?” If you haven’t heard of this, then let me enlighten you. The “inflation BASKET” is a basket of goods relating to a fixed set of consumer ...
Tag Archives: deflation
What exactly is deflation?
Simply: when the overall price level decreases so that inflation rate becomes negative, it is called deflation. It is the opposite of the often-encountered inflation. The cost of living is falling for ...