How inflation works?

Why does your money buy less every year? 💸 In this video, Mr Money explains how inflation really works, in simple words and hand-drawn sketches. You'll learn what inflation is, why prices keep rising, how central banks try to control it, what happened in Germany in 1923 and Zimbabwe in 2008, who wins and who loses when prices go up, and simple ways to protect your money. ⏱️ Chapters 0:00 The $100 under the mattress 0:36 What is inflation? 1:41 Why do prices rise? 3:13 How central banks control inflation 4:18 Hyperinflation: Germany & Zimbabwe 5:12 Who wins and who loses 5:56 How to protect your money 6:53 Final thoughts 💬 What has gotten more expensive for you lately? Tell me in the comments! 🔔 Subscribe to Mr Money Explains for more money topics, explained simply. #inflation #personalfinance #economics #money #finance