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The debate over inflation continues as politicians point fingers, but economists say there are many reasons why prices are sky high. Natasha S. Alford breaks it down on this episode of “That’s ...
Used car and truck prices are up 31% over the previous year. AP Photo/David ZalubowskiConsumer prices jumped 6.8% in November 2021 from a year earlier – the fastest rate of increase since 1982 ...
Explaining what causes inflation can take a college professor and a full semester. The simplistic, root cause of inflation is demand outstripping supply, or “too much money chasing too few goods.”
Something about our wallets getting tighter makes words like “inflation” and “GDP” take on new meaning in the minds of The post How did inflation get so bad? Here are 4 key reasons ...
Americans despise inflation. It's a loathing that colors their perception of the economy and their personal finances. And even if the Federal Reserve hits its so-far unmet inflation target of 2% ...
This is why people rather buy current products at the higher prices than old products at their old prices. New goods: The current shopping basket is much better, because it has goods that you previously could not even dream of. [67] Nevertheless, people overestimate the inflation even vs. the measured inflation.
But not all inflation is bad inflation, and prices rise and fall across the economy all the time due to supply- and demand-related factors. Here’s a breakdown of what inflation is and isn’t ...
Inflation in New Zealand exceeded forecasts in July 2022, reaching 7.3%, which is the highest since 1990. [232] Economists at ANZ reportedly said they expected faster interest rate increases to counteract inflationary pressures. [233] In Fiji, inflation rose to 4.7% in April 2022 compared to –2.4% in 2021. [234]