The Discernable Interviews

Professor Gigi Foster Explains Inflation and Cost of Living

1hr 1min

18 May 2022

Gigi Foster is a Professor and Director of Education at The School of Economics at UNSW Business School. She holds qualifications in ethics, politics and economics, and joined Discernable for a second time to explain inflation and cost of living.

As the world suffers escalating prices on nearly all goods and services, are we experiencing inflation? Or is this simply market prices reflecting fluctuating supply/demand curves?

Is this a temporary phenomenon caused by supply chain disruption? Or is all the money printing by central banks devaluing our currencies?

This hour is an opportunity to learn what inflation is, how to identify it, what causes it, and what to do about it.