Inflation has become a universal buzzword lately because of the international economic crisis. According to the news (自由時報, 12/10/2008), Zimbabwe has the world's highest rate of inflation, 231 million percent. Wow….what a great number…. That should be called "hyperinflation". God bless them!
Chin-Chi
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Saturday, 13 Dec., 2008
Vocabulary: inflation
Definition: Noun
a continuing rise in prices, caused by an increase in the amount of money or credit that is available
Sentence:
In some cases, inflation actually prevents consumer prices from falling. But in all cases, inflation results in consumer prices being higher.
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