Inflation simply means that prices are rising. There is only one reason for that: total demand in the economy is greater than total supply. Why is that occurring today? Let’s first make some basic ...

What an around-the-mulberry bush explanation for inflation. It doesn’t matter which party is in the White House. The simple and honest answer is more jobs and higher wages increase household incomes ...

As with almost every important concept in economics, finding a technical definition of inflation that everyone agrees upon is impossible. But for most of us, inflation boils down to one simple ...

Inflation — it’s a word you hear frequently, but do you really understand what it means? The main effects of inflation are better interest rates for savings accounts and higher costs of living, but ...

If prices rise by 10%, the purchasing power of ordinary people decreases by 10%. This is because more money is needed to buy ...

Inflation is all over the news and commentary today, particularly after a presidential election that was allegedly all about it. The problem remains that few who utter the word grasp its singular ...

When Americans found themselves flush with stimulus funds in 2021, they were more than happy to go out and spend that money. And that’s what lawmakers wanted — the purpose of sending out stimulus ...