What are the main causes of inflation?

Inflation is a complex economic phenomenon with many reasons.

1, the direct cause. No matter what kind of inflation, there is only one direct cause, that is, excessive money supply. Excessive money supply corresponds to the established quantity of goods and services, which will inevitably lead to currency depreciation, price rise and inflation.

2. Deep reasons: ① demand pull; ② Cost-driven; ③ structural disorder; (4) insufficient supply; ⑤ Improper expectations; ⑥ Institutional factors.

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