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The literal meaning of the word inflation is to blow up or get bigger in size. Inflation is a word which is particularly use in an economic context. The economic meaning of inflation is a reduction in the value of money (monetary depreciation). Prices there by rise and after a while you can buy less with the same value of money. The opposite meaning of inflation is deflation. With this prices fall down and your money therefore becomes worth more.
OMICS Group International is a pioneer and leading scientific event organizer, publishing around 400 Open access journals and conducting over 300 Scientific Meetings all over the globe annually with the support of more than 1000 scientific associations, 30,000 editorial board members, and 3.5 million followers to its credit. Raising its curtains in the year 2007, OMICS Group International aims to disseminate knowledge with the help of its Open access Journals and marches on to instigate OMICS Group International Conferences in the year 2010, to provide a meaningful platform for the world renowned scientists, researchers, students, academicians, institutions, entrepreneurs and industries through its scientific events annually throughout the globe.
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This page was last updated on April 24, 2024