What Really Causes Inflation? A Complicated Economic Phenomenon Explained

#Economics

Inflation has been a doomsday scenario for modern economies throughout the last century. The US inflation rate accelerated to 8.5% in March of 2022, the sharpest increase since 1981, but inflation isn't just a US thing; other emerging markets are also facing inflation. Prices for everything from petrol to groceries have been rising sharply. So, what causes inflation, how its work. These Complicated economic theories abound, but we'll simplify them in this video.