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S1E6: How economics really affects you

Making Money

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How to Measure Inflation

Inflation right now is 10.4%. So it's a lot above the 2% target. But that's not true for any individual and across regions as well. It might be more expensive in certain parts of the country than other parts or for certain households depending on what you spend your money on. The inflation rate for those on the lower end of the income scale might be worse than those of the higher income households. People are always going to be distrusting, aren't they? When they hear like they hear 10% and they feel 16, they're thinking, you know, anecdotally I'm not feeling that,. but it makes sense that certain aspects have been affected.

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