The Mystery of Inflation (2022)

Rising interest rates. Layoffs. A shrinking dollar. Over the past year, the US economy has been squeezed: The same amount of money gets you less stuff. It's inflation: a concept that's easy to feel but hard to understand. Its causes are complex, but it isn't some kind of naturally-occurring phenomenon — and neither are the ways in which governments try to fight it.<br /><br />This week, we look at the history of inflation in the U.S., how we've responded, and who pays the price.<br /><br />See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.<br /><br /><a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>