• Why are Things so Expensive Right Now?! - Inflation and Interest Rates Explained

  • Jan 28 2024
  • Duração: 13 minutos
  • Podcast

Why are Things so Expensive Right Now?! - Inflation and Interest Rates Explained

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  • Sumário

  • Ever wanted to learn economics, or Dad-onomics?! Here, I talk with my Dad who reads global economic articles almost religiously! Here, we go over why things are so expensive now, why inflation is so high, bow COVID affected this, and what you can do about it to protect your finances. My dad goes over topics such as consumer Price index or CPI and the federal funds rate (which is what interest rate banks use for trading overnight loans to each other.) The federal reserve uses the federal funds rate to affect other rates that affect us and the prices we pay everyday! Come pull up a chair and join our chat! --- Support this podcast: https://podcasters.spotify.com/pod/show/worldmoneymatters/support
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