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The Real Reason Inflation is Falling
The definition of the word inflation has changed in modern history. It used to be that the words inflation and deflation referred to the expansion or the contraction of the money supply.
But now, when you look up the word inflation in the dictionary, it means a continuing rise in the general price level usually attributed to an increase in the volume of money. The rate at which prices go up. Deflation, on the other hand, is going to mean the rate at which prices go down.
Timecodes
0:00 Introduction
1:49 Time Frames and Measurements
4:09 Interpreting CPI Numbers
5:01 Shifting Money Supply and Inflation
8:16 Inflationary and Deflationary Arguments
11:19 Federal Reserve's Actions
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