InflationGuide
InflationGuide
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Inflation Guide Chapter 6: Calculating yearly inflation from monthly figures.
In this final section, we look at how to convert monthly inflation into annual inflation using a simple formula.
See the complete citizen's guide to understanding inflation: www.inflationguide.org
© International Budget Partnership, 2012.
Author: Jason Lakin, Program Officer and Research Fellow, International Budget Partnership
Creative design and animation: Formula D interactive
Website: www.formula-d.com
This is a publication of the International Budget Partnership. The IBP produced the guide to support civil society, citizens, and other public finance stakeholders in thier efforts to understand and influence public finance processes and policies and other educational purposes. If you would like to use some or all of the guide for educational, noncommercial purposes, please contact: info@internationalbudget.org for permission to do so.
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Переглядів: 8 055

Відео

Inflation Guide Chapter 5: Different types of inflation.Inflation Guide Chapter 5: Different types of inflation.
Inflation Guide Chapter 5: Different types of inflation.
Переглядів 19 тис.11 років тому
We have covered basic inflation, but now we need to understand some additional terms, such as headline inflation, core inflation, seasonally adjusted inflation, year-on-year inflation, and deflation. These are terms that are often used in the newspapers. See the complete citizen's guide to understanding inflation: www.inflationguide.org © International Budget Partnership, 2012. Author: Jason La...
Inflation Guide Chapter 4: Carrying out calculations with inflation.Inflation Guide Chapter 4: Carrying out calculations with inflation.
Inflation Guide Chapter 4: Carrying out calculations with inflation.
Переглядів 1,9 тис.11 років тому
We use a real example to demonstrate how to use the Consumer Price Index to change prices into "real" values, so we can compare spending over time. These calculations are the key to using inflation for budget analysis. See the complete citizen's guide to understanding inflation: www.inflationguide.org © International Budget Partnership, 2012. Author: Jason Lakin, Program Officer and Research Fe...
Inflation Guide Chapter 3: Nominal versus real prices.Inflation Guide Chapter 3: Nominal versus real prices.
Inflation Guide Chapter 3: Nominal versus real prices.
Переглядів 64 тис.11 років тому
If there are changes in the price level, how do we use that information to convert the prices we see everyday into numbers that we can actually compare? Learn how to convert prices into "real" values. See the complete citizen's guide to understanding inflation: www.inflationguide.org © International Budget Partnership, 2012. Author: Jason Lakin, Program Officer and Research Fellow, Internationa...
Inflation Guide Chapter 2: What is the price level and why does it matter?Inflation Guide Chapter 2: What is the price level and why does it matter?
Inflation Guide Chapter 2: What is the price level and why does it matter?
Переглядів 15 тис.11 років тому
The price level is a kind of average of prices in the economy. When it rises, this is inflation. As prices rise, the value of money falls, because we can buy less with the same amount of cash. See the complete citizen's guide to understanding inflation: www.inflationguide.org © International Budget Partnership, 2012. Author: Jason Lakin, Program Officer and Research Fellow, International Budget...
Inflation Guide Chapter 1: Introduction to inflation.Inflation Guide Chapter 1: Introduction to inflation.
Inflation Guide Chapter 1: Introduction to inflation.
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All spending is relative. If we ask if government is spending a lot or a little over time on our priorities, we need to ask "a lot or little relative to what?" One answer is: relative to changes in prices. See the complete citizen's guide to understanding inflation: www.inflationguide.org © International Budget Partnership, 2012. Author: Jason Lakin, Program Officer and Research Fellow, Interna...

КОМЕНТАРІ

  • @johnbainbridge1931
    @johnbainbridge1931 8 місяців тому

    Thank you for this video. What I am trying to understand about monthly inflation is why employees with annual inflations sometimes 3%-5% don't become hugely impoverished by monthly published inflations of similar amount. Can you shed some light?

  • @CUTEPUPPY-ff5vh
    @CUTEPUPPY-ff5vh 2 роки тому

    Can you provide your email let's make a business deal

  • @cheryljenkins8784
    @cheryljenkins8784 2 роки тому

    Great explanation thanks

  • @nhungnguyenthi6202
    @nhungnguyenthi6202 2 роки тому

    Some segments in the video are stamped not adjacent to each other

  • @prernasinghchauhan8987
    @prernasinghchauhan8987 2 роки тому

    it's a good explanation, thankyou

  • @mateoerwin9692
    @mateoerwin9692 3 роки тому

    This shit makes no sense to me

  • @miguelsandoval8203
    @miguelsandoval8203 3 роки тому

    basically nominal is what you see listed, real value is when you adjust for inflation other wise purchase power

  • @shivadhakal3422
    @shivadhakal3422 4 роки тому

    Your teaching is really good

  • @hackerexpose3630
    @hackerexpose3630 5 років тому

    Very confusing

  • @danicoleb5394
    @danicoleb5394 5 років тому

    I got everything up until the last part. The final interpretation of what the real values mean in the example ALWAYS loses me. I get that he's saying the price level tripled but is it nominal values? And after converting to the 2002 dollars, the real price is actually less thus she spent less in real terms... hence why she got less "product" in a sense??? Is that correct? Lord help me.

  • @RocioNicte
    @RocioNicte 5 років тому

    nice video

  • @moneanderson7269
    @moneanderson7269 6 років тому

    saying 2002 is sp damn annoying

  • @daisyelizabethcampion1727
    @daisyelizabethcampion1727 6 років тому

    Thank you so so much

  • @formulaD_
    @formulaD_ 7 років тому

    Could the channel owner please contact us at info@formula-d.com. Thanks

  • @saiyanmanfan
    @saiyanmanfan 8 років тому

    Why are you using the value from 2010, the nominal value, to find out the real price? I do believe the formula says the nominal value of the first year in this case 2009 whose value is 1693 while year2 has 1729 which value you're using.

  • @fungaimushohwe7832
    @fungaimushohwe7832 9 років тому

    very good, i wonder who posted this, kinda sounds like a zim accent

  • @accountingwithsirjef9794
    @accountingwithsirjef9794 9 років тому

    thank you so much , thats excellent work , keep it up. Can you produce more on Money supply

  • @mathieu9600
    @mathieu9600 10 років тому

    Clear video! However, there is a little mistake in your video. If $200 in 2002 equals $66 in 2010, then your weight scale at 2:55 is incorrect. The $66 should be $33 (1/3). Just saying :)

    • @TheWealthBuildingJourney
      @TheWealthBuildingJourney 10 років тому

      Did you remember to multiply the (1/3) by 200? Accounting for inflation = inflation rate x nominal price, so 66 ~ (1/3) x 200

  • @WhichLuu
    @WhichLuu 10 років тому

    this was so helpful. Thank you for the upload

  • @MovieAudio
    @MovieAudio 11 років тому

    This is brilliant! Thank you very much

  • @wrc559
    @wrc559 11 років тому

    Cool videos, more more more :)