What is inflation? Economics explained
1:52
YouTubeThe Guardian
What is inflation? Economics explained
Inflation is one of the most important concepts in economics. It’s also one of the simplest. It’s just the average rate that prices are rising. A small amount of inflation is healthy for an economy - but how is it calculated and what happens when it gets out of control? Subscribe to The Guardian on YouTube http://is.gd/subscribeguardian The ...
508.3K viewsDec 15, 2015
Inflation and Economy
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26K views · 199 reactions | Bell Direct Analyst Grady Wulff says the Reserve Bank of Australia (RBA) must continue to increase interest rates in response to the country's escalating inflation. Watch the full episode at www.skynews.com.au/flash | Sky News Australia | Facebook
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Governments love blaming “imported inflation”—but Milton Friedman calls it out as a myth. Before 1971's fixed exchange rates, inflation could spread between countries. Today with floating exchange rates, inflation is a national phenomenon. Each country controls its own money supply, which means each country controls its own inflation. You can't import it. Your government creates it by expanding the money supply. | Free To Choose Network
Governments love blaming “imported inflation”—but Milton Friedman calls it out as a myth. Before 1971's fixed exchange rates, inflation could spread between countries. Today with floating exchange rates, inflation is a national phenomenon. Each country controls its own money supply, which means each country controls its own inflation. You can't import it. Your government creates it by expanding the money supply. | Free To Choose Network
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