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Economy

Global Trade Is Being Rewritten

Economy

Global Trade Is Being Rewritten

Retail Is Going Digital—Fast

Economy

Retail Is Going Digital—Fast

Who Actually Benefits from Inflation?

Who Actually Benefits from Inflation?

Inflation generally refers to: under the condition of paper currency circulation, because the money supply is greater than the actual demand for money. That is, the actual purchasing power is greater than the output supply, resulting in currency depreciation, which causes the phenomenon of continuous and general price increases over a period of time. In macroeconomics, inflation mainly refers to the general rise in prices and wages. The antonym of inflation is deflation.

Changing Consumer Habits Signal a Deeper Shift

Changing Consumer Habits Signal a Deeper Shift

In the context of the rapid advancement of globalization today, the economic structure is undergoing a profound transformation. This transformation is not only reflected in the production model and technological innovation, but also in the changes in consumer behavior that are quietly affecting the entire economic structure. From traditional commodity trading to today's service and experience economy, consumer demand and purchasing methods are constantly evolving. Economic development is not only about the improvement of productivity, but also about the renewal and replacement of culture and values.

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