Problem

Repressed inflation

Incidence:
Whereas market economies are characterized by 'open inflation' socialist economies are prone to 'repressed inflation' whose symptoms include chronic shortages, consumer queues, inefficiency of the distribution system and widespread corruption.
Broader Problems:
Socialism
Economic inflation
Aggravates:
Currency black market
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic Growth
Problem Type:
F: Fuzzy exceptional problems
Date of last update
04.10.2020 – 22:48 CEST