The latest inflation readings showed a mixed bag as drops in grocery and used car prices balanced out increases in rent and gasoline. Overall prices increased 3.4% from a year earlier, down from 3.5% ...
Inflation simply means that prices are rising. There is only one reason for that: total demand in the economy is greater than total supply. Why is that occurring today? Let’s first make some basic ...
Understanding inflation made simple: if you blow too much air into a balloon, it bursts. If you drink too much alcohol, the toxicity gives you a headache and can kill you. If you create too much money ...
Inflation is all over the news and commentary today, particularly after a presidential election that was allegedly all about it. The problem remains that few who utter the word grasp its singular ...
“What we need is a period of slower growth so that the economy can cool off, so the labor market can cool off, so that wages can cool off. That’s how inflation comes down. That’s the only way we know ...
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