Channel: Cheddar

Category: Science & Technology

Tags: politicscandyfinancialgoodsmacro economicsinflationfree marketrecessionbizgovernmentrussiavideo essayfederal governmentcapitalismcurrencypolicyhigh priceseconomisteducationalbusinesssupply chaininterest rateswareconomytechnologymicro economicscheddarmarketeconomicstradeus economysupply and demandservicescienceukraineunemploymentgeopoliticsexplainerfinance

Description: With ongoing supply chain issues and war in Ukraine, inflation is likely here to stay. This is the first time many younger people will experience consistent inflation as working adults, so this video breaks it down using candy (for fun!). Pedantic Nuance: US Bureau of Labor Statistics bls.gov/cpi The New York Times nytimes.com/interactive/2021/11/28/business/economy/high-inflation-millennials.html nytimes.com/article/inflation-definition.html nytimes.com/2021/10/22/business/shortages-supply-chain.html Vox vox.com/2014/7/24/18080392/inflation-definition-and-explanation The White House whitehouse.gov/cea/written-materials/2021/07/06/historical-parallels-to-todays-inflationary-episode Survey of Current Business apps.bea.gov/scb/pdf/2011/06%20June/0611_pce.pdf Business Insider businessinsider.com/americans-spending-goods-versus-experiences-supply-chain-crisis-2021-10 PBS News pbs.org/newshour/economy/how-the-supply-chain-caused-current-inflation-and-why-it-might-be-here-to-stay NBC News nbcnews.com/specials/supply-chain-global-reasons-why-you-cant-buy-what-you-want-right-now Investopedia investopedia.com/terms/i/inflation.asp Int’l Monetary Fund imf.org/external/pubs/ft/fandd/basics/30-inflation.htm Connect with Cheddar! On Facebook: chddr.tv/3JmGgBe On Twitter: chddr.tv/3qaYQog On Instagram: chddr.tv/36u8tqY On Cheddar.com: chddr.tv/37GycgL