Title: Why Does the Fed Care About Inflation? -- Video
Course: Kelly O's Course > Section: Why Does the Fed Care About Inflation? -- Inflation 101 Video Series

Some countries have experienced such high inflation rates that their money became worthless. Imagine going to the store with boxes full of money and not being able to buy anything with it because prices have gotten so high! This video, brought to you by the Center for Inflation Research at the Federal Reserve Bank in Cleveland, explains what happens when inflation gets out of control and how one of the Federal Reserve’s main responsibilities is to keep prices stable.

Watch the video and then click "next" to take the quiz.