
Economics of the Olympics, New Inflation Numbers, + More!
The Young Investors Podcast
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Hyper Inflation
Has there been much like hyper inflation in the us. Or astra? I dont i'm not good with my economic history, but inot not e by definition, hyper inflation, i mean, as far as it got in the us and australiais 15 or so%. That shouldn't be understated. The higher that inflation gets, the more it just drives people to spend. It's going at six %, people miht go out and spend, and that drives inflation even further. We also look at core inflation, which is this new measure of consumer price increases. Core inflation rose point three percentage points over a month; gas was up four per cent during the month.
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