00:00 Intro, What is Inflation?
00:53 Definition of inflation
02:30 Definition of Cost of Living
04:36 Inflation Chart
05:07 Where does Stimulus money come from?
In this video I explain what inflation is and how it occurs. In simple terms inflation is an increase in the total number of dollars in circulation resulting in a decrease in value of each individual dollar. At the same time, incomes rise as do the cost of goods and services.
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