A brick-by-brick guide to inflation

The Federal Reserve of Cleveland released three short videos on June 21, explaining the basics of inflation through animated Lego figures.

The three videos use a Lego toy-town setting – complete with a Lego Fed – to describe how prices work and the Fed’s role in price stability.

The Cleveland Fed hosts a Center for Inflation Research, which produced the videos for its Inflation 101 page. The first video, What is Inflation?, introduces and defines the concept of inflation, with reference to the

You are currently unable to copy this content. Please contact [email protected] to find out more.

by :

Source link

Capital Media

Read Previous

Poland’s lack of progress in implementing reforms to boost fight against foreign bribery remains a serious concern

Read Next

Bolivian central bank repays ‘unconstitutional’ IMF loan

%d bloggers like this: