Why Is Inflation Like A Snowball?

Imagine you're playing in the snow. You start with a small snowball, and as it rolls down the hill, it gets bigger, faster and faster. Inflation is like that snowball: it starts small, but if prices keep going up, inflation grows quickly.

When there’s more money in the economy than goods, people can buy more things at first. But when everyone tries to buy everything at once, prices go up, just like a snowball gets bigger as it rolls.

Sometimes, this snowball keeps growing because people expect prices to keep rising. It becomes a cycle: higher prices now make people spend more money quickly, which makes inflation even bigger.