Inflation Is More Than Prices

About this chapter

Inflation Is More Than Prices

Inflation isn't only the price of eggs. It's what happens to the value of the money in your pocket, how the official numbers measure it, and who feels it first. This chapter starts with one burger and follows the money from there.

Words for this chapter

The first episode is on the way.

In this chapter

1. 01
   Did McDonald's really get more expensive?One Big Mac, measured three ways: dollars, purchasing power and minutes of work.
   Coming soon
2. 02
   Nominal vs. realThe number on the price tag, and what that money can actually buy.
   Coming soon
3. 03
   CPI vs. PCETwo official inflation measures that answer slightly different questions.
   Coming soon
4. 04
   Why housing inflation is confusingThe official number tracks rents, not home prices. Here's why that matters.
   Coming soon
5. 05
   Asset inflation vs. consumer inflationWhen stocks and homes rise faster than groceries, the price index may not show it.
   Coming soon
6. 06
   Who wins and loses from inflationBorrowers, savers, workers and owners don't feel it the same way.
   Coming soon
7. 07
   The Cantillon effectNew money reaches some people before others. Who gets it first matters.
   Coming soon
8. 08
   DeflationFalling prices sound great. When they spread across the economy, they can be dangerous.
   Coming soon
9. 09
   The Great InflationThe 1970s: why prices kept climbing, and what it took to stop them.
   Coming soon

more pages as they're written.