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.
We're here to make you smarter, happier, and richer, and today we're focusing on the smart part. Or that's the aim anyway. You keep score and let us know how we're doing, as our all-star cast tries to help you understand some common and not-so-common investing terms. Do you know them? It's lingo-bingo so prepare to be delighted!
Host: David Gardner Guests: Matt Argersinger, Bill Barker, Jim Mueller Producer: Rick Engdahl