What caused inflation and who should be responsible？
Due to the Russia-Ukraine crisis, the price of food and energy has been rising ever since, affecting ordinary people's lives around the world. U.S. inflation rate even reached its 40-year high, with food, gasoline and shelter being the three largest contributors to the increase in prices. How does inflation occur? What effects did monetary policies of the Federal Reserve have on inflation? Can inflation be brought under control? This episode of Facts Tell decodes the true stories behind inflation.