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In physical cosmology, cosmic inflation, cosmological inflation, or just inflation, is a theory of exponential expansion of space in the very early universe.Following the inflationary period, the universe continued to expand, but at a slower rate.
Inflation expectations or expected inflation is the rate of inflation that is anticipated for some time in the foreseeable future. There are two major approaches to modeling the formation of inflation expectations.
Monetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services.
Eternal inflation is a hypothetical inflationary universe model, which is itself an outgrowth or extension of the Big Bang theory.. According to eternal inflation, the inflationary phase of the universe's expansion lasts forever throughout most of the universe.
In theory, both types of inflation stop when a new equilibrium exists, meaning supply equals demand. ... The post Cost-Push Inflation: Definition and Examples appeared first on SmartAsset Blog ...
Vacuum state is a configuration of quantum fields representing a local minimum (but not necessarily a global minimum) of energy. Inflationary models propose that at approximately 10 −36 seconds after the Big Bang, vacuum state of the Universe was different from the one seen at the present time: the inflationary vacuum had a much higher energy density.
Cost-push inflation is a purported type of inflation caused by increases in the cost of important goods or services where no suitable alternative is available. As businesses face higher prices for underlying inputs, they are forced to increase prices of their outputs. It is contrasted with the theory of demand-pull inflation.
The fiscal theory of the price level is the idea that government fiscal policy, including debt and taxes present and future, is the primary determinant of the price level or inflation as opposed to the quantity theory of money. [1]