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Meaning of inflaxion




Jimeno Álvarez

inflaxion
  27

inflaxion is incorrectly written, and should be written as "inflation" being its meaning: inflaxion = Inflacionla inflation, in economics, is the increased and sustained price of goods and services in the market for a period of time, usually a year. When the general price level rises, each unit of currency reaches to buy fewer goods and services. I.e., that inflation reflects the decrease in the purchasing power of the currency: a loss of the real value of the internal medium of Exchange and unit of measurement of an economy. A common measure of inflation is the price index, which corresponds to the annualized percentage of the overall variation of prices in the 40 time; the most common is 41 consumer price index;.

  



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