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What is inflation and why has it happened?

It occurs worldwide! no matter where you live, the food prices increased! This is insane! If people stop using processesed food as ingredients but instead use chickens eggs, meat and veg grown from their own 'unlicensed' farms would the meal price remains or priced even cheaper? Still depends on the regulations, does your government mandates that every farm must be licenced so they can collect something called 'tithes' from the farmers? I don't know every country is different.
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carpediem · 61-69, M
Supply and demand. Loads of examples. If you increase the money supply, the money in circulation is worth less. If you intentionally reduce commodities from the global supply, there will be an effect. Especially if demand is on the increase when you do it.

Both of these things are happening. Inflation is the result. Enjoy.