Watch Sprout members interview Dr. Paul McGrath, a professor at Purdue University Northwest, about the causes, symptoms, and measures of inflation. He answered the following questions:

  1. What is inflation? 

  2. Can you explain what demand-pull, cost push, and built-in inflation are? 

  3. What are the general causes of inflation within an economy? 

  4. What are the effects of inflation?

  5. How is inflation measured? 

  6. How does inflation affect investment returns?