The Importance of Inflation - 2023

The topic of this podcast is inflation, which is the increase in the prices of goods and services over time, causing the purchasing power of money to decrease. The host, Gino Gandzior, is joined by two guests, Miles and Nicole, who discuss the nature of inflation, what causes it, and why it is important to keep it around 2%. They also explore some of the leading indicators for inflation, such as money supply, PPI, wage growth, and CPI, and the strengths and weaknesses of using different indicators. Finally, they discuss why everyone should look at inflation and how it affects the market that we participate in every day.