Do the effects of natural disasters, such as hurricanes, cause inflation or deflation?
Answer:
inflation, especially if many geographically significant resources are destroyed.
both
inflation.
as a matter of fact, the attorney general for florida went after price gougers who jack up prices after hurricanes.
I would say INFLATION because of all the extra money it takes for things to get fixed, plus after Hurricane Katrina, gas prices went up sky high.
The most direct and immediate effect of hurricanes is the devaluation of the affected Insurance companies. Their stock will go down for almost 9 months at least.
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