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Results for "inflation"

Inflation

Definition: An act, instance of, or state of expansion or increase in size, especially by injection of a gas.


Alright class, settle down and listen close to me, We’re tackling a tricky word for you to see! The dictionary gives you a starting point, it's true, About expanding things, like bubbles big and new. "Expansion or increase in size," that's the basic plea, But inflation’s meaning is more complex, you agree? Now, let's shift our focus, don't be misled, Inflation isn't just about things growing instead! Inflation means a rise in prices, you see, For goods and services – it affects you and me. Imagine your dollar buys less than before, A candy bar costs more, that’s what inflation’s for! It’s caused by too much money chasing too few things, Like a race around the track, with fluttering wings. When demand is high, and supply isn't strong, Prices start to climb, where they don't belong. Does that make sense? Do you have any questions now? Let’s discuss this further, take a bow! --- Want me to elaborate on something specific about inflation, like how it’s measured or its causes? Just let me know!