Inflationary Psychology
The relationship between inflation and individuals' behavior.
Investopedia Commentary
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. Consequently, this increased buying only exacerbates inflation.
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See also: CPI, Deflation, Disinflation, Fed, Hyperinflation, Inflation, Inflation-Indexed Security, PPI, Reflation, RPI, Stagflation, Stagnation, Treasury Inflation Protected Securities (TIPS)
inflationary psychology