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Prices for goods and services spiked 5.4 percent in June from the previous year, marking the highest rate of inflation since 2008 and stoking fears of a reboot of 1970s runaway inflation. Today we'll discuss what is inflation and why do we fear it?
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Prices for goods and services spiked 5.4 percent in June from the previous year, marking the highest rate of inflation since 2008 and stoking fears of a reboot of 1970s runaway inflation. Today we'll discuss what is inflation and why do we fear it?
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In the current economic downturn, the Great Depression has been receiving a great deal of attention. But the longest downturn in the nation's economy was…