7 Types of Inflation on Basis of Rate of Increase of Prices
Read this article to learn about the seven types of inflation on the basis of rate of increase of prices, i.e., (1) Currency Inflation, (2) Credit Inflation, (3) Deficit-Induced Inflation, (4) Profit-Induced Inflation, (5) Open Inflation, (6) Suppressed or Repressed Inflation, and (7) Latent Inflation. 1. Currency Inflation: It is caused when the rise in the price level is the [...]