5 Things You Need to Know About Inflation
We break down what you need to know about inflation and how it works.
February 1, 2022
29 min
7
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664 of 1,147
February 1, 2022
5 Things You Need to Know About Inflation
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29:00This episode5 Things You Need to Know About Inflation
Summary
Inflation has been poking its way into our lives lately - on the political scene and as we swipe our credit cards in the check-out line. We’re breaking down the basics you need to know about inflation and how it works.
Inflation is about a loss of money's purchasing power.
Inflation is hard to measure.
Our cost of living is rising; experts disagree about whether this is a long-term inflation problem.
Central banks are entering the chat; we will probably see higher interest rates.
Monetary policy is not science or magic.
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