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Inflation has soared to a 40-year high, reaching 8.6 percent last month. While economists and government officials have given numerous reasons for this, there is an easy-to-understand explanation ...
Inflation causes goods and services to transact at higher prices, again by the definition of inflation. Thus, the creator of those goods and services can now make more money selling their product.
Sadly, but not surprisingly, neo-Austrian economists ever convinced the U.S. is in a constant state of hyperinflation gleefully embraced Musk’s odd explanation.
Inflation might have fallen off the list of concerns for many investors, but history suggests that failing to protect against it could be hazardous to your wealth.
The evidence is building to support the notion that we have seen the low in inflation for the current business cycle.
The Simple Mistake That Almost Triggered a Recession Leading economists said we’d need higher unemployment to tame inflation. Here’s why they were wrong.
I asked ChatGPT to explain inflation like I'm 12. The result? Juice boxes, laughs and a surprisingly clear guide to how inflation really works.
As mentioned previously, Burns has a rather casual, black can sometimes be white, definition of inflation. Furthermore, her assertion is not true. See the 1980s and 1990s again.
Better yet, the prescience was a mirage as is, one rooted in a false definition of inflation overlaid by odd belief that the fix for inflation’s mis-definition can be found in rising unemployment.
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