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What is high inflation?
Is when you go bankrupt and you have no money left.. For store owners you may risk a slight of little stock
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What groups are hurt by high inflation?
consumers, because they have to pay more for the same productthe government, cuz it increases debt
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What is the effect of high inflation in the country?
High inflation erodes the value of assets, money, and causes the country to experience high welfare losses due to the costs experienced in reinvesting these assets or converting them into goods from...
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Does high inflation harm people?
Yes high inflation always harm ppl. In high inflation there is an inc in prices of all goods. Poor become more poor. Basic necessaities are more dearer. But consequences of inflation re less harmful...
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What is the inflation?
Inflation is the hardcover edition of the book by David Mayes published by Routledge on May 14, 2008