This video presents a brief overview of the economics of inflation. Topics covered include:
The advantages and disadvantages of inflation.
Measures of inflation: Consumer Price Index (CPI), Personal Consumption Expenditures Price Index (PCEPI), GDP deflator
Cost-push inflation and demand-pull inflation.
Economic factors affecting inflation:
The distribution of wealth and the marginal propensity to consume.
The money supply
The velocity of money
How cryptocurrencies lower inflation.
How inflation affects investments and vice versa.
The likelihood that high inflation will persist….(read more)
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