May 15, 2024

Edpuzzle: Why can't prices just stay the same?

If high prices are the problem, we should just stop raising prices altogether...right? Turns out, it's not that easy.

This video from Vox titled "Why can't prices just stay the same?" explores why we hear that inflation is a good thing so often, and why the economy would be in trouble without it. 

A circular flowchart showing each element of the "virtuous inflation cycle."

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About the Author

Ryan Wood

Ryan is the Partnerships and Adoption Manager for Next Gen Personal Finance’s midwest region. He brings his experience as a former teacher, curriculum designer, and sales and marketing professional to state organizations and school districts in supporting the implementation of their personal financial education efforts. He graduated from the University of Wisconsin-Green Bay and earned his teaching credential from Saint Mary’s University in Winona, Minnesota. He proudly taught at two rural high schools in Wisconsin before transitioning to curriculum design at NGPF, and is now excited to be on the front lines in delivering the best possible financial education in the midwest. He and his wife have three beautiful daughters, each of which inspire him to share the impact of being sound financial stewards both at home and as lifelong learners.

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