Inflation nouns explain the meaning of inflation.

1, inflation is generally defined as the currency depreciation and the overall and sustained rise of the price level caused by the amount of money in circulation exceeding the actual needs of the economy under the credit currency system.

2. According to the degree of price increase, it can be divided into three levels: low inflation, high inflation and hyperinflation. Under normal circumstances, low inflation, also known as moderate inflation, is a normal economic phenomenon, while generally recognized hyperinflation is more than 50% per month, which often has a fatal blow to the economy. According to the source form of inflation, it is mainly divided into: inflation caused by excessive money, inflation caused by demand pull, and inflation caused by cost push. Among them, the inflation caused by excessive currency, that is, in a certain period of time, the growth rate of excessive currency is higher than the speed of social wealth creation, which leads to currency depreciation and general price increase.