Why Do Inflation Rates Go Up So Often?

Inflation is like when your favorite candy becomes more expensive every year. If the store raises the price, you might have to buy less or save up for it. Inflation happens often because people and businesses keep spending and making money, sometimes too much, which makes prices go up.

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Examples

  1. A bag of chips that used to cost $1 now costs $2.
  2. Your favorite toy gets more expensive every year.
  3. You can’t buy as many candies with your weekly allowance anymore.

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