#118 Concept: Inflation

If you work across time zones, borders and cultures, this is the show for you. In the "Concept" series, Leo aims at defining a topic in international business. These are shorter episodes to illustrate key concepts in this discipline. Today, we talk about inflation. Inflation is an essential economic principle that denotes the overall rise in the costs of goods and services within an economy over time. This phenomenon results in a decline in the purchasing power of money, indicating that consumers can acquire fewer items with the same amount of currency. Inflation is typically measured using indices such as the Consumer Price Index (CPI), which tracks the average price changes in a basket of selected goods and services over a specified period, typically on an annual basis. In today’s connected global economy, inflation plays a big role in international business. Companies that work across borders have to deal with different inflation rates, which can impact how they set prices, their profit margins, and how competitive they are overall.⁠Join Leonardo on Patreon for:⁠⁠Podcast Archive: 102 episodes (40+ hours).Podcast Bonus Episodes: New exclusive content.Early Access: Upcoming YouTube videos and newsletters.Thinking Process Journal: Insights into Leonardo's content preparation, including a curated reading list and personal reflections.Q&A: Submit questions for future episodes, and receive a shoutout when they are answered.Sources for further analysis:- Supply Chain and Inflation: Issues and Impacts - Ford warns investors of an extra $1 billion in supply chain costs.You could also support the podcast by purchasing one of thefollowing books on Amazon using the links provided:- ⁠⁠The Personal MBA⁠⁠- ⁠⁠HBR's 10 Must Reads 2025⁠⁠- ⁠⁠The 48 Laws of Power⁠⁠- ⁠⁠Blue Ocean Strategy⁠- Connect with the host Leonardo Marra on LinkedIn.