INTRODUCTION TO INFLATION： Gas Prices, Russia, CPI, the FED, Interest Rates ⧸⧸ Inflation Series 1⧸4

#INTRODUCTION TO INFLATION： Gas Prices, Russia, CPI, the FED, Interest Rates ⧸⧸ Inflation Series 1⧸4 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?