Money and Banking: What Everyone Should Know Season 1 Episode 6 How Inflation Erodes the Value of Money
- November 1, 2023
- 30 min
This lecture investigates the factors governing inflation, beginning with an inflation history of the United States over the last century. Learn about the correlation between inflation and the consumer price index, and how inflation is triggered by excess money growth. Also, review inflation's detrimental effects and costs.