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Introduce the topic: CPI and Inflation/ Deflation. What are the main causes of inflation in 2022 - 23? Use the demand and supply model to

  1. Introduce the topic: CPI and Inflation/ Deflation.
  2. What are the main causes of inflation in 2022 - 23? Use the demand and supply model to explain inflation. Explain the role of inflation expectations.

  • Governments Can't Blame Inflation on Energy and Putin Anymore | Mises Wire
  • The Ruling Classes Are Inflation Deniers and the Ship of Fools Sails On | Mises Wire

  • 5 Big Problems With Biden's Big-Government Budget | The Heritage Foundation
  • How Governments Expropriate Wealth with Inflation and Taxes | Mises Wire
  • A Normal Supply Chain? It's 'Unlikely' in 2022. - The New York Times

I encourage you to support your answer with personal experience and additional evidence from the following sources:

  • Mises Institute
  • Cato Institute
  • Foundation for Economic Education

3. What is hidden inflation?Hidden Inflation: How Companies Charge More Without Raising Prices - Your Money Briefing - WSJ Podcasts

I encourage you to support your answer with personal experience and additional evidence from the following sources:

  • Mises Institute
  • Cato Institute
  • Foundation for Economic Education

4. How can you explain this statement? "Sadly, everyone is a trillionaire in Zimbabwe. We can only hope it will never come to this, but there's nothing to show us it won't." Source:A Trillion Here, A Trillion There | Mises Institute

5. How can we solve the problem of rising inflation (refer to question #2, causes of inflation)?

Outline possible constraints.

Can governments impose price controls? What will be the consequence?

  • The Fed's Tightening Will Only Drag Out the Economic Slump | Mises Wire
  • Rising Interest Rates May Blow Up the Federal Budget | Mises Wire
  • Episode 153 - Free To Choose 1980 - How to Cure Inflation (Podcast)
  • How Much Did Supply Constraints Boost U.S. Inflation? - Liberty Street Economics

6. How does inflation affectthe purchasing power of a dollar?

I encourage you to support your answer with personal experience and additional evidence from the following sources:

  • Mises Institute
  • Cato Institute
  • Foundation for Economic Education

7. Who benefits from inflation?

Source:The Many Evils of Inflation | Mises Institute

8. If you could explore one question related to this topic in greater depth, what would it be?

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