Every choice that you make is a trade off against something else. What matters most? Not what society says ought to matter most, but what is truly a priority in your life? And the second question is, how do you put that into action? How do you make decisions that reflect that which matters most? Answering these two questions is a lifetime practice, and that's what this podcast is here to explore and facilitate.
#365: Nearly every financial news story for the past several months has centered around inflation – but what, exactly, is inflation? What are its causes? What are its effects? How is it measured? What notable inflationary events have unfolded throughout history, and what can we learn from these?
In this episode, we peel back the layers of the onion in order to deepen our understanding of the concept of inflation. We discuss hyperinflation, biflation, stagflation; we discuss the CPI, the PPI, and core inflation. We discuss the demand-pull inflation, cost-push inflation and the wage-price spiral. We resist the temptation to make predictions about the future, choosing instead to focus on refining our understanding of the present.
Enjoy!
For more information, visit the show notes at https://affordanything.com/episode365
Learn more about your ad choices. Visit podcastchoices.com/adchoices