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Episode 78, Carola Binder, author of Shock Values: Prices and Inflation in American Democracy, host Rick Ferri

Bogleheads On Investing Podcast

CHAPTER

The Birth of Price Index and Currency Debasement

This chapter delves into Count Guion Vinaldo Carli's creation of the first price index in 1750, linking rising prices in Italy to currency debasement. It emphasizes how government actions and public perception influence economic expectations and price levels.

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