Inflation refers to the rise in prices across the economy. But inflation can take many forms, and it has complex causes. For example, stagflation, which occurred in the 1970s, combines high inflation ...

Inflation occurs when prices rise quickly; deflation occurs when prices fall. Central banks influence interest rates to manage inflation and deflation. Hyperinflation, rare but severe, occurs with ...

July Fourth saw big crowds, congested highways and full airplanes as tens of millions of Americans celebrated not only the country’s independence but their own liberation from the pandemic. There were ...

Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services ...

The Open Mind is available to stream on pbs.org and the free PBS App, available on iPhone, Apple TV, Android TV, Android smartphones, Amazon Fire TV, Amazon Fire Tablet, Roku, Samsung Smart TV, and ...

We are living through a rare moment in which two powerful forces are pulling prices in opposite directions. Markets must grapple with both the immediate threat of higher inflation from geopolitical ...

Inflation is one of the most important and controversial topics in economics. It affects everyone, from consumers and businesses to governments and central banks. But what exactly is inflation, and ...

Learn about purchasing power, its effect on currency value, and how inflation influences what one unit of money can buy.