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Why everyone is so obsessed with inflation

The prices for goods and services around the world are constantly rising, which is an economic phenomenon called inflation.  
Most governments welcome a certain level of inflation, but too great an increase or a decrease in prices can be dangerous for an economy.
“Economists have come around to the view that a little bit of inflation is good,” CNBC anchor Joumanna Bercetche said.
“It’s like Goldilocks, you don’t want it to be too hot and too cold. You want it somewhere in the middle,” Bercetche added.
“Usually inflation is a sign of a well-functioning, productive and growing economy.”
Sep 19, 2021 10:55
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