# The ABCs of Inflation

**URL:** <https://www.libertarianism.org/podcasts/free-thoughts/the-abcs-of-inflation>

**By** George Selgin, Trevor Burrus

**Published:** April 15, 2022

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Not to burst your bubble—but inflation is at the highest it has been for the past 40 years.

Why do we expect inflation to occur? What’s the issue with Modern Monetary Theory (MMT)? And how does the Federal Reserve affect the way people spend? George Selgin joins Trevor to break down the complex but crucial conundrum of inflation.