* Inflation is a general rise in prices for goods and services due to a decline in a currency’s value or purchasing power.  
* Inflation occurs when a government creates and puts more into circulation than its economy needs. This causes the purchasing power of money to shrink and prices to increase. 
* Market forces can also have inflationary effects:
“Cost–push” inflation occurs when a supply shortage or unexpected cost increase pushes up general prices. For example, a spike in gas prices increases the cost of transportation,...