Inflationary Psychology

What Does It Mean?
What Does Inflationary Psychology Mean?
The relationship between inflation and individuals' behavior.
Investopedia Says
Investopedia explains Inflationary Psychology
For example, in times of higher-than-average inflation, consumers have a higher likelihood of borrowing to buy things because they are assuming goods will cost more tomorrow than they do today. This increased buying only exacerbates inflation.
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