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Inflation01: Definition of inflation

Inflation is defined and a distinction is made between causal and neutral definition of inflation. Inflation is regarded as a continuous, considerable rise in prices in general and is preferred to a definition that indicates cause such as "too much money chasing too few goods". One also needs to distinguish between a rise in the price of an individual good and the rise in prices in general as well as between a once off increase and a continuous increase.
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