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Inflation in Plain English

The Compound and Friends

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Perceptions and Realities of Rising Inflation

Exploring the discrepancy between Wall Street's technical definition of inflation and the everyday understanding of regular individuals, this chapter delves into the rapid price increases experienced post-COVID compared to historical inflation rates. It analyzes the impact of inflation on goods and services prices, consumer behavior, and the challenges faced by businesses in managing costs and prices in the current economic climate.

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