Define InflationDefinition: A persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency.DeflationDefinition: A fall in the general price level or a contraction of credit and available money supply.StagflationDefinition: A condition of slow economic growth and relatively high unemployment - a time of stagnation - accompanied by a rise in prices, or inflation.Return from Define Inflation to About Inflation 
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