What’s Inflation? It’s The Fed’s Answer That Counts

10 minutes

If you were asked: "what's inflation?" it's likely that you might give a couple of different answers. On the one hand, you might say: "It's when prices rise." Or, on the other hand, you may respond: "It's when things cost more." Both answers would be correct. But there's a mile's worth of difference between the two.

More episodes from David Reavill

GDP: The Accountant’s Puzzle

However, at this point, a puzzle emerged. Some more enterprising analysts noticed that the Gross Domestic Product did not equal the Gross Domestic Income (GDI). While the Product advanced …

GDP: The Accountant’s Puzzle

However, at this point, a puzzle emerged. Some more enterprising analysts noticed that the Gross Domestic Product did not equal the Gross Domestic Income (GDI). While the Product advanced …

GDP: The Accountant’s Puzzle

However, at this point, a puzzle emerged. Some more enterprising analysts noticed that the Gross Domestic Product did not equal the Gross Domestic Income (GDI). While the Product advanced …

GDP: The Accountant’s Puzzle

However, at this point, a puzzle emerged. Some more enterprising analysts noticed that the Gross Domestic Product did not equal the Gross Domestic Income (GDI). While the Product advanced …

Do We Still Need The Federal Reserve?

December 23rd, 2023, will mark the 110th anniversary of the Federal Reserve Board. Created before credit cards, before electronic funds transfer (EFT), before instant communications and the …

Do We Still Need The Federal Reserve?

December 23rd, 2023, will mark the 110th anniversary of the Federal Reserve Board. Created before credit cards, before electronic funds transfer (EFT), before instant communications and the …

How you can listen to this podcast

You can listen to episodes right here on the website, or if you prefer, in a podcast app. Listening in an app makes it easier to keep track of what you’ve already heard, listen without using your data plan and many other conveniences.

Recommended apps
Start listening to GDP: The Accountant’s Puzzle
10:43
Start listening to GDP: The Accountant’s Puzzle
10:43