Introduction. 1  Guardianship, also, referred to as conservatorship, is a legal process, utilized when a person can no longer make or communicate safe or sound decisions about his/her person and/or property or has become susceptible to fraud or undue influence.
However, inflation isnât about rising prices; itâs about an expanding money supply. Higher prices are a consequence of inflation, not inflation itself. While short-term inflation can raise prices and wages and have little detrimental effects to the economy, sustained long-term inflation can be very harmful. If left unchecked, inflation can become hyperinflation, a condition where a fiat currency becomes so diluted, itâs practically worthless.
Thus, inflation is caused by the amount of dollars rising relative to the amount of oranges (goods and services). Similarly, deflation is caused by the amount of dollars falling relative to the amount of oranges (goods and services). Therefore, inflation is caused by a combination of 4 factors: the supply of money goes up, the supply of other goods goes down, demand for money goes down and demand for other goods goes up.