A sustained increase in the average prices of all goods and services. 

NewInflation, Deflation | Planet Money

Today on the show: why deflation and high inflation are both really bad. And what signs to watch to see if one or the other is gonna come get us.

Episode 664: The Great Inflation

For much of the 70s inflation was bad. Prices rose at over 10 percent a year. Nothing could stop it — until one powerful person did something very unpopular. Today's show: How we beat inflation.

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