Why is a high rate of inflation generally considered harmful to an economy

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asked Jun 1, 2018 108k views

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The Great · Answer 1 · 2018-06-08T06:56:03+0000

Inflation is caused by increases in an economic condition that is caused by an increasing money supply or rapid increases in the cost of production. If a government prints too much currency, prices rise to meet the increasing supply of money.

Why is a high rate of inflation generally considered harmful to an economy

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