Chapter
The Connection Between Inflation and Supply Chain
43:53 - 46:59 (03:05)
Inflation is the result of the rise in cost of business and the finite supply of products caused by the supply chain crisis. The manipulation of the economy is necessary to slow down inflation while keeping the business afloat.
Clips
The rise in cost of doing business pushes the price of products higher, leading to competition for a finite supply and rising prices due to supply and demand, all of which affect inflation and interest rates in the economy.
43:53 - 45:45 (01:51)
Inflation
Summary
The rise in cost of doing business pushes the price of products higher, leading to competition for a finite supply and rising prices due to supply and demand, all of which affect inflation and interest rates in the economy.
ChapterThe Connection Between Inflation and Supply Chain
EpisodeThe Scintillating World of Interest Rates
PodcastStuff You Should Know
The Federal Reserve has to balance the need for keeping inflation in check without disrupting the current economic growth.
45:46 - 46:59 (01:13)
Federal Reserve
Summary
The Federal Reserve has to balance the need for keeping inflation in check without disrupting the current economic growth. They have to ensure that prices don't fall so much that businesses begin to lay off employees and cause a sudden increase in unemployment.