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lmohseni
on March 8, 2021
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Food Prices Are Soaring Faster Than Inflation and ...
I have a pretty imperfect understanding of inflation, but wouldn’t increased food and energy prices mean that a consumer will have less money to spend on discretionary purchases? Ie, aren’t food price rises DEflationary?
chordalkeyboard
on March 9, 2021
[–]
No, inflation is the increase in the money supply resulting in each unit of currency having less real value.
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