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What is inflation? Economics explained

YouTubeThe Guardian

What is inflation? Economics explained

Inflation is one of the most important concepts in economics. It’s also one of the simplest. It’s just the average rate that prices are rising. A small amount of inflation is healthy for an economy - but how is it calculated and what happens when it gets out of control? Subscribe to The Guardian on YouTube http://is.gd/subscribeguardian The ...

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