History Explains Inflation and Contraction

The word inflation that we hear everywhere now was not known, except in some economics books, and there was no agreement on the definition of inflation. Some of them described it as an abundance of money, and some of them took it a little higher and said: It is an abundance of money and prices. The issue, then, is the issue of the amount of money that must be available in a country to meet its various needs. If that amount is less, people will suffer distress. Because they do not have enoug...