Chapter
Fluctuating Prices through Inflation
07:22 - 11:27 (04:04)
Inflation affects the value of a currency and makes certain goods seem more expensive or cheaper than they used to be. For instance, the cost of televisions has considerably reduced over the years due to advancements in technology and inflation.
Clips
Inflation has a significant impact on the prices of goods and services over time.
07:22 - 09:42 (02:19)
inflation
Summary
Inflation has a significant impact on the prices of goods and services over time. Adjusting for inflation is necessary when comparing prices of different periods in history.
ChapterFluctuating Prices through Inflation
EpisodeWhat Causes Inflation?
PodcastStuff You Should Know
Tracking inflation and the cost of prices over time is essential in gauging the health of the economy and making informed decisions to stimulate it.
09:42 - 11:27 (01:45)
Inflation
Summary
Tracking inflation and the cost of prices over time is essential in gauging the health of the economy and making informed decisions to stimulate it. Although prices may seem to rise, if tracked, they may actually be decreasing.