Shownotes Transcript
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What is inflation? Why are prices increasing for everyday items? What are the consequences of inflation? How can we control or limit rising prices? Let’s discuss these questions and more on today’s episode of Thinking in English!
TRANSCRIPT - https://thinkinginenglish.blog/2022/10/10/what-is-inflation/)
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Vocabulary List
Stable (adj) - firmly fixed or not likely to move or change
I’m looking for a stable job in a bank!
Out of business (idiom) – closed down/no longer in business
My local hairdresser went out of business last month
Hypothetical (adj) – imagined or suggested but not necessarily real or true
This is hypothetical, but if I offered you a job, would you accept it?
Worth (adj) – having a particular value, especially in money
My house is worth $200,000
Keep track of something/someone (idiom) – to continue to be informed or know about someone or something
My sister has had so many jobs, I can’t keep track anymore
Goods (n) – things for sale, or things that you own
There is a 10 percent discount on electrical goods today
Monetary (adj) – relating to money in a country
The recent recession has been blamed on a bad monetary policy
Interest rate (n) – the interest percentage that a bank charges you when you borrow money, or the interest percentage a bank pays you when you save money
Interest rates are increasing
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