The Dig cover image

Monetary Politics w/ Tim Barker

The Dig

00:00

What Is Inflation?

Tim Barker: Inflation is a sustained rise in the price level. He says people tend to reify it and act like there's something out there beyond the price index, which is reality. The best way to think about what inflation is is just a change in this price index, he says.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app