What is inflation Economics explained
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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? • Subscribe to The Guardian on YouTube ► http://is.gd/subscribeguardian • The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► https://bit.ly/3biVfwh • Website ► https://www.theguardian.com • Facebook ► / theguardian • Twitter ► / guardian • Instagram ► / guardian • #inflation #inflationexplained #costofliving #money
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