Glossary · Term

Inflation

Inflation is a sustained rise in the general level of prices, reducing the purchasing power of money. The Spanish Empire experienced the Price Revolution as American silver flowed into Europe. The Yuan Dynasty suffered runaway inflation from excessive issue of paper money, and in the Tokugawa Shogunate rising prices eroded samurai incomes.

Mentioned in 11 profiles

Mongol EmpireDeclineSpanish EmpireSocioeconomyYuan DynastySocioeconomyNew FranceDeclineArgentine RepublicSocioeconomy, DeclineRepublic of PanamaSocioeconomyJin dynasty (1115-1234)Socioeconomy, DeclineCrown of CastileSocioeconomyUnited KingdomSocioeconomyIndonesiaSocioeconomySocialist Republic of VietnamSocioeconomy

Mentioned in 8 state histories

First Dominican RepublicConfederate States of AmericaRepublic of German-AustriaPahlavi IranJapanese occupation of MalayaState of BurmaSocialist Federal Republic of YugoslaviaDerg

See also

Cite this entry
APA
The Epoch Institute. (2026). Inflation. In The Epoch Institute Encyclopedia. https://the-epoch-institute.org/encyclopedia/inflation
MLA
“Inflation.” The Epoch Institute Encyclopedia, The Epoch Institute, 2026, https://the-epoch-institute.org/encyclopedia/inflation. Accessed .
Chicago
The Epoch Institute. “Inflation.” The Epoch Institute Encyclopedia. 2026. https://the-epoch-institute.org/encyclopedia/inflation.
Harvard
The Epoch Institute (2026) ‘Inflation’, The Epoch Institute Encyclopedia. Available at: https://the-epoch-institute.org/encyclopedia/inflation (Accessed: ).

Last reviewed October 2026Random entry ↻