Listen "What is inflation?"
Episode Synopsis
What's causing inflation and rising interest rates, and what can you do to better navigate an economy that's much different than it was not that long ago?
Get answers to some of the most asked questions surrounding inflation, the Federal Reserve and the U.S. National debt.
Guest: Jason Taylor, professor of economics at Central Michigan University
00:00 – Introduction
01:20 – What is inflation?
03:08 – How is inflation measured?
04:25 – What is the Federal Reserve and how did it come to be?
06:20 – Why does The Fed raise or lower interest rates?
08:12 – How does the debt ceiling work and how does it impact the economy?
11:26 – Who holds the U.S. national debt?
13:20 – What resources are there for good economic information?
Get answers to some of the most asked questions surrounding inflation, the Federal Reserve and the U.S. National debt.
Guest: Jason Taylor, professor of economics at Central Michigan University
00:00 – Introduction
01:20 – What is inflation?
03:08 – How is inflation measured?
04:25 – What is the Federal Reserve and how did it come to be?
06:20 – Why does The Fed raise or lower interest rates?
08:12 – How does the debt ceiling work and how does it impact the economy?
11:26 – Who holds the U.S. national debt?
13:20 – What resources are there for good economic information?
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