I am not a expert in this field . This blog only by my education purpose and for education only. I am sharing with you my friends.
In 2010 I get 10 rupee as my packet money for that me spent for biscuit, panipuri and I had some money balance also.
But, know same '10' rupee 2021 we can't by a panipuri. Why mean that is inflation same 10 rupee, but value decreased
In know a days one person's expense in food transport, Rent, buying cloths, electronic appliance, medical and education.
In pervious month our expense 10,000 mean's in this month it increase to 10,500 in this 5% inflation. This is we are going to discuss.
At first we want to know about different type of inflation.
- Cost push inflation
- Demanding inflation
- Hyper inflation
COST PUSH INFLATION
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DEMANDING INFLATION
Know we going to buy a place in that the place was small but, the demand was high mean the price of place increase by that also inflation done.
HYPRR INFLATION
In your childhood some of us thing about it money was print by government . So, they can print many money and given to peoples like that we have a example,
In ZIMBAWE 1990 year they had many depth so, the government decide to print many money and close the depth. From that they had inflation in to 100% one day Because, their demand high but supply low.
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