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In Reply to: I thought overspending caused inflation. Which is it ;-) posted by AbeCollins on December 7, 2022 at 11:49:50:
There's more than one type of inflation.
Economically speaking, there's demand-pull (over spending), cost push, and built-in inflation.
Lucky us, we're getting to see all three kinds at the same time!
The linked Forbes item makes for a pretty good explanation of the three types
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- RE: I thought overspending caused inflation. Which is it ;-) - Sondek 12/7/2212:46:37 12/7/22 (0)