Gotta Know The Lingo, Vol. 5
Rule Breaker Investing
Understanding Inflation and Its Impact on the Economy
This chapter explores the concept of inflation, its causes, and its impact on the economy. It discusses the role of the Federal Reserve Bank in managing inflation, the ideal inflation target, and the dangers of both high inflation and deflation. The chapter also touches on the concept of the 'misery index' and its relevance to elections.
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