price inflation
Money buys less
Price inflation is a sustained increase in the general level of prices, meaning money buys less over time.
Economists distinguish it from a one-time price spike—inflation implies an ongoing trend.
Wage increases haven't kept pace with price inflation.
The opposite process, falling prices, is deflation.
- overvaluationAppraising too highly
- currency devaluationReducing money's official value
- sticker shockDistress from unexpected expense
- paycheck to paycheckNo savings between wages
- belt tighteningReducing expenditures deliberately
bubble · wealth redistribution · cost of living · speculative bubbles · income inequality · inflated · social unrest · rising · wages · costs · rent · Fed · money printing · groceries · gas prices · housing costs · squeeze · CPI
- pricingoverpricing, discounts, overcharge, markdowns, unit cost
- inflationCPI, cost of living, shrinkflation, indexation, COLA
- tourism impactsovertourism, crowding, overcrowding, environmental damage, traffic congestion
- faminestarvation, mass starvation, hunger, famine victims, crop failure