Inflation refers to the increase in the price level of goods and services over a certain period. As a result, the purchasing power of money decreases—meaning you can buy less with the same amount of money than before. The causes of inflation are varied and can stem from rising production costs, increased demand, or expansionary monetary policy.
An interesting example from the summer of 2022: Inflation in Switzerland reached a peak, making headlines in politics, economics, and the media. This affected not only businesses but also the daily shopping of the population. Many people were left wondering why prices are rising and how they can prepare their finances accordingly.
A key point is that inflation is a complex phenomenon. Questions like "When do we talk about inflation?" and "Why was Switzerland less affected by inflation in 2022 compared to other countries?" are not easy to answer. Economics professor Aymo Brunetti provides a clear and understandable explanation of the mechanisms behind inflation in his article. This piece is particularly useful for educational purposes and helps to illustrate the topic of inflation clearly.
For more detailed information and a comprehensive explanation of inflation, interested readers can refer to Aymo Brunetti's article in the magazine from September 3, 2022. Understanding inflation is important not only for daily life but also for managing personal finances and investments. For younger children, we recommend the video segment on inflation from "SRF Kinder-News>."
