Inflation Economy Experts Have Not Thesis

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Conclusions
There is no generally accepted theory of inflation. The causes that
generate it are numerous and include economic, psychological, social,
political, internal, and external factors. Inflation is based on numerous
partial causes, which correlated determine the inflationist process.
Inflation is generally considered an unbalance between money and
goods, consisting in the existence of excessive money supply in relation
with the volume of goods subjected to transactions, resulting an excess of
unsatisfied total demand.
Given the processes that determine it, inflation can be generated
through demand, supply, or it can be structural. Inflation can be generated
by a global demand increase, if the supply is inelastic.

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The money supply
increases faster than the GDP, causing inflation.

Reference list:
1. Inflation (2008). Webster's Online Dictionary. Retrieved
December 5, 2008 from http://www.websters-online-
dictionary.org/definition/inflation.
2. Inflation (2008). The American Heritage Dictionary of the
English Language. Fourth Edition. Retrieved December 5, 2008
from http://www.bartleby.com/61/14/I0131400.html.
3. Inflation (2008). InvestorWords. Retrieved December 6, 2008
from http://www.investorwords.com/2452/inflation.html.
4. Consumer Price Index (2008). Bureau of Labor Statistics.
Retrieved December 6, 2008 from http://www.bls.gov/cpi/.
5. Bryan, Michael F. (1997). On the Origin and Evolution of the
Word Inflation. Federal Reserve Bank of Cleveland.….....

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