What is Inflation

Topic: What is Inflation? - Inflation is the rise in General Price level. - For example, today one ice cream costs $10. After one Year, price of the same ice cream is $11. Here, in one year, inflation for the ice cream is 10%. - In the similar way, in a country, if on average, price of all the goods & services goes up by 10% as compared to previous year’s price level, inflation in the economy is 10%. - Higher inflation reduces the purchasing power of the currency and vice versa. Subscribe the Finance School channel for the upcoming Videos Other Videos of Finance School Channel Valuation of Stock Based on Historical Market PE Ratio https://youtu.be/jPkzqLb8tQ8 Hyperinflation || Case of Venezuela || Lessons from it || How to stay SAFE https://youtu.be/pYwhuiID5e4 How Relative Strength Index (RSI) Misleads Traders || How to Use RSI Properly https://youtu.be/w4zCayxUCeg What is GDP (Gross Domestic Product) https://youtu.be/lsJLhxwGnAs When a Company’s Share can be delisted from DSE https://youtu.be/ZhjoBhHOhV0 What will be the Fate of Shares of Rahima Food & Modern Dyeing https://youtu.be/dYQ-bSpUtJQ Youtube Channel: https://www.youtube.com/financeschool My FB profile: https://www.facebook.com/Shihab.Alam.... Finance School FB Group: https://www.facebook.com/groups/finan... Finance School FB Page: https://www.facebook.com/fsclbd Finance School Twitter: https://twitter.com/FinanceSchool1 Finance School Linkedin: https://www.linkedin.com/in/financesc... My Linkedin: https://www.linkedin.com/in/shihab-khan MY Twitter: https://twitter.com/Shihab_A_Khan #Inflation #Currency #Value Presented by Shihab Alam Khan on behalf of Finance School