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Monthly Archives: December 2017

These are the 2 main causes of inflation 600x400 - These are the 2 main causes of inflation

These are the 2 main causes of inflation

In economics, inflation can be described as a sustained increase in the prices of goods and services in an economy over a period of time. The more the prices rise, the more money loses its value as citizens are able to buy fewer and fewer

Theory 2 main reasons your money has value 600x400 - Theory - 2 main reasons your money has value

Theory – 2 main reasons your money has value

In economics, every once in a while we are faced with monetary realism and we find ourselves questioning different factors like where does money get its value from? Or how does society learn to trust these pieces of paper or coins as mediums of exchange?