What Exactly Is Inflation? (And How Bad Could It Impact You)

July 23, 2021 Topic: Inflation Blog Brand: The Reboot Tags: InflationU.S. EconomyPandemicEconomic GrowthJoe Biden

What Exactly Is Inflation? (And How Bad Could It Impact You)

Inflation is best described as a persistent rise in the general level of prices.

by James A. Dorn

[Cross-posted from Alt-M.org]

This article is being republished from the Cato Institute.

Image: Reuters.