What causes inflation?

Curious about what drives inflation? 🌍📈 Inflation occurs when the general price levels of goods and services rise, eroding purchasing power. It can be caused by a variety of factors, including increased demand for products, higher production costs, or expansive monetary policies. Understanding the dynamics behind inflation helps us navigate economic shifts and make informed financial decisions. Dive into the complexities of inflation and discover how it impacts both the economy and our everyday lives. Join us on today's episode of Salty Ginger Talk.