Inflation Overview

Basic understanding of Inflation.

What Is Inflation

The basics of what price inflation is and how the CPI-U is calculated.

Looking at actual sequential and year-over-year inflation data.

Discussion of inflation, the CPI index and owners' equivalent rent.

Why there tends to be moderate inflation during good economies.

How a supply shock can cause prices to rise and the economy to stagnate.

Basic of hyperinflation. Weimar Germany, Hungarian Pengo and Zibabwean Dollar.

Inflation and real and nominal return.

Basics of deflation.

How velocity of money can drive price increases.

How you can have deflation even if the money supply increases.

Basics of a deflationary spiral

All photography by Jared Chambers