Product Description: This book succeeds in making complicated, abstract economic theories, practices, and processes not only accessible and comprehensible, but also highly relevant to young readers' lives. Using uncomplicated language and lots of illustrative examples- drawn from everyday life and typical youth experiences- the author explains exactly what inflation is, what its potentially positive and negative effects are, and how it can be controlled, coped with, or moderated...read more

Explains the causes and effects of inflation, while covering the Consumer Price Index, cost-push inflation, demand-push inflation, the shrinking dollar, hyperinflation as exemplified by post-WWI Germany, and more