Article XR4R What is inflation? Economics explained - video

What is inflation? Economics explained - video

by
James Armstrong, Phil Maynard, Katie Allen, Pascal
from Economics | The Guardian on (#XR4R)

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?

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