Inflation

From eRepublik Official Wiki

Inflation refers to the change in the prices of goods in eRepublik over time. Inflation can be thought of as a decrease in the value of the unit of currency and it is believed that high rates of inflation are caused by high rates of growth of the money supply.

The inflation system in eRepublik, aids the Congress in deciding on the appropriate tax rates in a country. The inflation rate is updated daily and you can find it in the Economy section for each country. It is calculated based on the rise in prices of all goods sold in the market place during the last seven days. Inflation system was introduced on July 11, 2008.

See also: Formula for calculating Inflation

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