A Different Way to Look at Inflation

When we think of inflation, we often think of rising prices. But Natural News offers an interesting alternative look at inflation:
Most people think the word inflation means rising prices. But the precise definition of inflation is an increasing supply of money which results in the appearance of rising prices. In real terms, prices have not gone up. It is only that the value of the currency has depreciated so that it takes more and more of it to buy something. 
Natural News uses the example of gold prices. Gold prices have remained stable, the writer argues, but the US dollar has …read more