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→Simple supply and demand
Currency, or what many refer to as money, are called "demand notes" - notes that can be presented as demand for goods and services. Demand notes, in theory, represent the demand for good and services.
Currency, or what many refer to as money, are called "demand notes" - notes that can be presented as demand for goods and services. Demand notes, in theory, represent the demand for good and services.
In an inflationary scenario, the supply of goods and services available is relatively stable, whereas excess demand notes in circulating can lead to shortages and empty shelves. Inflationary proponents argue this is a good thing, leading to demand for more jobs to produce more goods and services. However, history and experience teaches it is more like placing an entire society on a hamster wheel. Inflation not only destroys savings, it destroys the incentive to save money, which is necessary for job creation in a healthy environment.
In an inflationary scenario, the supply of goods and services available is relatively stable, whereas excess demand notes in circulating can lead to shortages and empty shelves. Inflationary proponents argue this is a good thing, leading to demand for more jobs to produce more goods and services. However, history and experience teaches it is more like placing an entire society on a hamster wheel with a few winners and a lot of losers. Inflation not only destroys savings, it destroys the incentive to save money, which is necessary for job creation in a healthy environment.
==Hyperinflation==
==Hyperinflation==