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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. The act of moving your legs to move quickly. (Of an engine) to be operating.

increases
noun other verb

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

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 go from standing to the ground, by accident.

including

/inˈklo͞odiNG/

preposition verb

Being part of a group. 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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