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Costs of Inflation: Price Confusion and Money Illusion

147,663 views

Marginal Revolution University

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

90%
  • 4:35 / 5:04

Speech Rate:

  • 133 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

running

/ˈrəniNG/

adjective noun verb

flowing naturally or supplied to building through pipes and taps. action or movement of runner. To cause an animal to move in a certain direction.

increases
noun other verb

rise in size, amount, or degree of something. Amount something grows by. become or make greater in size or degree.

possibly

/ˈpäsəblē/

adverb

May be true or likely, but is uncertain.

everyone

/ˈevrēˌwən/

pronoun

every person.

inflation

/inˈflāSH(ə)n/

noun

Continual rise in the prices of products.

quadrupled

/kwäˈdro͞opəl/

verb

To make or become four times bigger in number.

falling

/ˈfôliNG/

adjective verb

moving from higher to lower level. To come down from a higher position suddenly.

including

/inˈklo͞odiNG/

preposition verb

containing as part of whole being considered. To make someone, something part of a group.

changes

/CHānj/

noun other verb

act or process bringing change. Exchanges of one set of clothes for another. make different.

predict

/prəˈdikt/

verb

To guess or estimate what will or might happen.

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