INFLATION
Inflation
In economics, inflation is a persistent increase in the general price level of goods and services in an economy over a period of time.The above text is a snippet from Wikipedia: Inflation
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inflation
Noun
- An act, instance of, or state of expansion or increase in size, especially by injection of a gas.
- The inflation of the balloon took five hours.
- An increase in the general level of prices or in the cost of living.
- A decline in the value of money.
- An increase in the quantity of money, leading to a devaluation of existing money.
- Undue expansion or increase, as of academic grades.
- An extremely rapid expansion of the universe, theorised to have occurred very shortly after the big bang.
The above text is a snippet from Wiktionary: inflation
and as such is available under the Creative Commons Attribution/Share-Alike License.