Inflation is one of those things that almost every person has to contend with whenever they visit the grocery store, the petrol station, or whenever they deal with rent bills. It’s felt more than understood—an invisible force that slowly stretches household budgets, raises business costs, and stirs heated political debates.
But inflation isn’t just about things getting more expensive. It’s about what happens when millions of people (consumers, workers, businesses, policymakers) all try to make the best decisions they can at the same time. Sometimes it works out. Other times, it spirals.
Inflation is truly a messy thing, but if it impacts everyone so badly, why can’t it stay at 0%? Click through this gallery to find out.