Inflation seems super boring, but if you know how it works (important point: no one really does) you can exist as a functioning human being in a modern economy. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.
The How to Money podcast provides practical insights about financial uncertainty in today's economic environment, the Inner Cosmos podcast explores the relationship between our brains and experiences, and Stuff You Should Know provides general knowledge on various topics.
The podcast episode features a discussion on economics and the speaker seems to have a love-hate relationship with the topic.
Inflation can be a confusing topic but it's important to understand it in today's economic climate. Some people fear inflation while others are less concerned, but it ultimately has an impact on everyday purchases and can be influenced by a variety of factors.
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.
Two best friends cover practical macroeconomics topics such as buying versus renting, saving money at the grocery store, maximizing income, and ways to battle money anxiety.
Cost push theory explains how increased costs of labor, raw materials, and other factors in production affect the prices of final products. For instance, the decreased production of lumber due to pandemic-sparked expectations resulted in higher prices for building a new house.
In this episode, the host explains the difference between demand-pull and cost-push inflation, and how they impact the economy. Cost-push inflation is caused by an increase in production costs, while demand-pull inflation is caused by an increase in demand for goods and services.
The US inflation rate ranges between one and a half percent to three and a half percent annually and is calculated by tracking the prices of approximately 80,000 items in a big market basket.
The consumer price index (CPI) increased by 1.2% in 2020 compared to 2019, which means inflation also rose by 1%. The Fed often looks at core inflation, which is CPI minus volatile things like food and energy.
Two new podcasts are exploring the relationship between our brains and experiences. The Manawalk Caves includes real-life stories and the tools that made a difference, while Inner Cosmos looks at unusual questions to better understand our lives and realities.
Price increases due to inflation can have a significant impact on small businesses, unlike larger corporations who can adjust more easily.
The Federal Reserve can control inflation by buying and selling bonds to remove money from circulation or inject money into the market. This process can help lower demand and ultimately reduce prices in the economy.
This podcast discusses the benefits of older girls mentoring younger girls in a troop setting and the three ways the Fed can influence the economy. It also touches on the debate over the economic impact of stimulus checks and the effects of lowering the discount rate.
Join David Eagleman as he delves into intriguing questions about the connection between the brain and our experiences, including the possibility of creating new senses for humans. Listen on the iHeartRadio app, Apple podcasts or wherever you get your podcasts.