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Introduction to Inflation
The Price of a Basket of Goods
Key Concepts and Summary
How Changes in the Cost of Living Are Measured
The CPI and Core Inflation Index
Practical Solutions For the Substitution and the Quality/New Goods Biases
Additional Price Indices: PPI, GDP Deflator, and More
Historical Inflation in the U.S. Economy
Inflation Around the World
Introducing the Confusion Over Inflation
The Land of Funny Money
Unintended Redistributions of Purchasing Power
Blurred Price Signals
Problems of Long-Term Planning
Any Benefits of Inflation?
Indexing in Private Markets
Indexing in Government Programs
Might Indexing Reduce Concern Over Inflation?
A Preview of Policy Discussions of Inflation