Here's a look at what inflation actually is, why it's a tricky concept that is a bit of a self-fulfilling prophecy, and how it's actually unfolding in 2021. Why are people worried about inflation?

When a currency loses purchasing power at a rate greater than 50% per month, it is said to be experiencing hyperinflation. During such episodes, the essential role of money in binding society ...

Venezuela's perennial hyperinflation has caused a sharp drop ... inflation will reach 2,700% by the end of 2021.