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Joe Santos: Inflation and the current economy

This video is from SDPB's news program, South Dakota Focus.

Most of us have a vague idea about how the economy works or at least about some of the trends we hear about most often. Inflation is bad. Low unemployment is good.

Low-interest rates make loans more affordable. But when you add a once-in-a-century pandemic, things get more complicated.

For our main Focus tonight, let's head to econ class--and don't worry. No tests this time.