The Evolving Role of the Federal Reserve in Economic Stability

Gas. Meat. Flights. Houses. The price of things have gone up by as much as nine percent since last year. The same amount of money gets you less stuff. It's inflation: a concept that's easy to feel but hard to understand. Its causes are complex, but it isn't some kind of naturally-occurring phenomenon — and neither are the ways in which governments try to fight it.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy