Zone 8 · Pocket Money
Inflation Basics
Nine lessons of about three minutes each, every one with a live demo and a quick test.
- Inflation & the Economy×9
- 64InflationWhy a Dollar Buys LessPrices creep up nearly every year
- 65PricesThe 5-Cent CokeA bottle of Coca-Cola cost a nickel for over 70 years
- 66InflationYour Money in 20 YearsWhat today's savings will really buy later
- 67InflationWhat Causes InflationToo much money chasing too few goods, and other reasons
- 68InflationReal and NominalThe number you see and what it's really worth
- 69Central BanksZero Inflation Is the GoalThe Fed aims for about 2% on purpose
- 70ValueThe Wheelbarrow of MarksIn 1923 Germany, prices doubled every few days and a lifetime of savings turned into paper
- 71The EconomyGDP: The Size of the PieEverything a country makes in a year, in one number
- 72CurrenciesThe Big Mac IndexA burger that compares the world's currencies