Introduction

The word inflation can be used to describe something that can and does occur in a seemingly endless number of ways. If the overall balance of prices for things most people like to buy is rising, then the inflation rate is said to be positive. That simply means that most things are getting more expensive than we have inflation. A cup of coffee that costs a dollar last year will cost a dollar in 2 cents or a dollar in 8 cents this year. And some hotels are now rated on a 6 star system. What's next? Out of 10? It'll happen.