The Great Inflation: A Historical Overview and Lessons Learned (Page One Economics Classroom Edition)
Classroom Edition (.pdf)
All inflation isn’t bad—a moderate amount can signal a healthy economy. But high inflation, such as that during the Great Inflation, can lead to a vicious cycle where expectations of higher inflation lead to further increases in the price level. Read the October 2012 Page One Economics Newsletter to find out what caused the Great Inflation, how tough (and painful) policy brought it to an end, and two key lessons learned.
Go to the Page One Economics website.
Keep your students in the know on timely economic issues with the new Page One Economics Newsletter Classroom Edition. The Page One Economics newsletter provides a simple, short overview of a current economic event. The Teacher’s Guide includes student questions and a teacher answer key, plus additional resources and lesson ideas for classroom, extra credit, or make-up assignments. You can subscribe via RSS feed or email.
Tags: 9-12, AP, College, Economics, English, Federal Reserve System, History, Inflation, Inflation Rate, Lessons, Library, Liquidity, Monetary Policy, Newsletter, Page One Classroom, Price Stability, Publications, Unemployment, Unemployment Rate