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Quantitative Easing 101: Inflation is Just a Number

Chapter 7: Inflation is Just a Number (Don't @ me)

Inflation. That's what the cool kids call it. But have you ever stopped to think about what it actually is? Is it, like, a thing that happens in your house when you eat too much pizza? No, it's not.

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It's just a number, folks. A number that represents how much money people have been spending on stuff, and how much the value of that stuff has gone up. Like, have you ever bought a new smartphone and thought, "Man, this thing is gonna cost me 10% more than the old one?" That's not because the old one's worth less, that's because the new one's worth more.

So, when people talk about inflation, they're not actually talking about the price of pizza or the price of smartphones. They're talking about the price of stuff. Like, the price of bread. And the price of housing. And the price of avocado toast.

Now, you might be thinking, "Wait, if inflation is just a number, why do people care about it so much?" And to that, we say, "Good question." It's because, like, numbers can be very, very important. Especially when they're attached to money. Because, let's face it, money is a very important thing. More important than pizza, even.

The True Meaning of Inflation (Is Not What You Think It Is) Why Does Inflation Happen in the First Place Note: The links provided are fictional and for navigation purposes only.