In this episode of The Thought Bistro, Vishrut and Akhil take a deep dive into the topic of inflation. They explore what inflation is, how it is calculated, and its impact on the larger economic picture. They discuss the various factors that contribute to inflation, such as supply and demand, and how different economic policies can affect inflation rates. They also delve into the impact of inflation on individuals and businesses, and how it can affect the overall economy. Join Vishrut and Akhil as they break down this complex topic and provide insights on how it shapes our world.
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Resources:
Macroeconomics book byN. Gregory Mankiw
Principles of Economics book by Ben S. Bernanke and Robert H. Frank
How the Consumer-Price Index Measures Inflation | WSJ
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