What is Shrinkflation & its economic impact

2 min read

Most of us are familiar with the concept of inflation – it is a quantitative measure of the increase in the price of a basket of goods in a given economy. Inflation is measured in terms of percentage increase – this increase generally represents the decrease in the purchasing power of a nation’s currency. Most of the Central banks’ monetary policies around the globe are centered around the premise of keeping inflation in check (usually 1%-3%) so that the economy keeps running smoothly. However, this is not always the case & other off-shoots of this phenomenon emanate from the inflationary…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.