free competition

What is the cause of inflation? Why will prices drop in a completely free market?

June 15th, 2009 |

Twelve Visions Party’s Statement: …Inflation is due to regulations, over spending, a massive budget for social good programs and pumping unbacked currency into the economy. Prices drop in a free market because competition and quality will rise. All businesses will be free to compete freely and pursue profits and reinvest in themselves to bring better value at lower prices.