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The Fed Explains Inflation
This brief video defines inflation and the price level and explains the difference between inflation and cost-of-living price increases.
Page One Economics: Deflation: Who Let the Air Out?
Inflation, deflation, disinflation. They affect the prices of everything we buy. To find out how and what’s happening in today’s economy, see the February 2011 newsletter, “Deflation: Who Let the Air Out?”