ZALIS GLOSSARY: inflationary-psychology
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
The relationship between inflation and individuals' behavior.
Notes:
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.