With inflation comes a lot of questions, starting with: what IS inflation? What is causing it? How is it calculated? How do central banks attempt to stabilise it? What do we mean when we talk about hyperflation, disinflation, stagflation or greedflation? What about exchange rate, property price and stock prices? What is the relationship between inflation and climate crisis, population growth, public health, etc.?
In his new book L’Inflation, C’est Quoi? Pourquoi les prix montent, French economist Bastien Drut explains the ins and outs of a phenomenon that we hear of in the news almost everyday without necessarily understanding its process and implications - except perhaps, the consequence on our bank account!
This book is accompanied by 50 sketchnotes & illustrations furthering the accessibility of the concept whilst expending the audience reach of what seems a very abstract discipline: economics. As this book is not only for economists but for everyone who is interested in finding out what money really is; educating ourselves on the subject, understanding the micro and macro mechanisms at its core to hopefully have a better agency over the system that is imposed to our society.
I am honoured to have taken part in that project, I learned so much in the process and I hope the readers will too. L’Inflation, C’est Quoi? Pourquoi les prix montent is out now and available in all bookshops in France as well as your usual online bookstores.