The Classroom / Path 1 · Inflation
Why does everything cost more?
Same burger, bigger number. This path walks one question all the way through: the idea, the evidence, the other side, and a quick check that you can explain it to someone else.
The question
Same burger. Twice the work.
Nothing about the burger got better. So what changed: the burger, or the dollar?
Big Mac: The Economist, U.S. reference price, April 2000 and July 2026. Minimum wage: U.S. Department of Labor. Minutes = price ÷ (hourly wage ÷ 60).
The idea
Inflation, in plain English
Three or four sentences in my own words. The core idea: prices rising across the board usually means each dollar buys less, and one cause shows up again and again: more money chasing the same stuff.
Words for this step: Inflation Purchasing power CPI Nominal
The evidence · don't trust, verify
Look at the numbers yourself
“Money grew 33×. Prices grew 8×.” (explainer experiment C, iteration 72) could go here once you approve it.
The other side · challenge the idea
Is it always the money printer?
The strongest case against my answer, and what I think of it. Candidates: supply shocks (1973 oil, 2021 shipping), wages and demand, and the Fed's own view. Then say plainly what would change my mind.
Check yourself
Could you explain it to a friend?
A third question about the other side, once step 4 is written.