Q : What is Inflation ?
Ans : Meaning and definition of Inflation :
The term inflation may be defined as a sustained rise in the general price level, which causes a decline in the purchasing power of money. The main cause of rise in general price level is too much money in circulation.
inflation is issue of too much currency -R.G Hawtrey
inflation is the state in which the value of money is falling, i.e., prices are rising - C. Crowther