Inflation explained

By Edward Harrison On Dec 17, 2008

This video from the 1930s is a timeless piece of work, giving an explanation of what inflation and deflation are and how they work (hat tip Tim Iacono). Excellent explanations and easy to understand. Beware of the conclusions, though. This is obvious propaganda – almost comically so.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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