Understanding Inflation and CPI (Consumer Price Index)

Transcript

♪ [music] ♪ [Alex] In today's video, we're going to take a closer look at what inflation is and how it's measured. Now, shifts in supply and demand -- they're pushing some prices up and other prices down all the time. Let's think about each of these prices like ping pong balls -- ping pong balls in an elevator. Now inflation is when the average pri... Read More