What is inflation and how do we measure it? | Economics Explained
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 Published On Sep 8, 2022

Inflation is a term commonly used by economists and non-economists alike. But what really is inflation, what causes inflation, and how do we measure it?

00:00 Introduction
00:08 Definition
00:16 How to measure inflation (using Consumer Price Index)?
01:01 Demand-pull inflation
01:20 Cost-push inflation
01:50 Monetary inflation
02:14 Is inflation good or bad?
02:50 Hyperinflation
03:21 Solutions to hyperinflation
03:31 Conclusion

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