Inflation is a sustained rise in the price level: the result of too much money (or purchasing power) chasing too few goods and services.
通胀是指价格水平持续上升:是过多货币(或购买力)追逐太少的商品和服务的结果。
When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation is also an erosion in the purchasing power of money.
当价格水平上升,每单位货币能买到更少的商品和服务,因此,通货膨胀率也是对货币购买力的侵蚀。
When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation is also an erosion in the purchasing power of money.
当价格水平上升,每单位货币能买到更少的商品和服务,因此,通货膨胀率也是对货币购买力的侵蚀。
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