In the previous post , we looked at what inflation is and how they calculate it. In today's post, we are going to, as always, look at inflation with a practical example called The Brick Wall Theory example. Don't know what that is? Read about it here . If you don't want to read about what inflation is and just want to see an example that is also fine. I will tell you in short what inflation is to make sure that you will be able to understand the example. Inflation is the process of a sustained, significant rise in the general price level over a period of time. Basically, inflation is the process where money loses its value over time. Your groceries might cost you $50 today, but in ten years time, the same amount of groceries is going to cost you $65. This post isn't going to explain all the things we already covered here with an example, rather we are going to look at the causes of inflation and then we are going to look at what the effects on the brick wall co...