Why Prices Rise
What inflation is and how it’s measured, the four things that cause it, who wins and who loses, why the Fed aims for 2% instead of zero, how hyperinflation happens, and how all of it came together in 2021 to 2023.
Interest Rates
The Price of Time
Why a dollar today is worth more than a dollar tomorrow, what an interest rate really is, how the Fed sets one rate that every other rate builds on, and the two tools that move money through time: compounding and discounting.