This interview originally aired on In the Moment on SDPB Radio.
The Federal Reserve is trying to lower the rate of inflation. But do consumers have other ideas?
Our Monday Macro lesson dives into the velocity of money and how your desire to have a stash of cash may be impacting prices here and across the nation.
Joe Santos, Ph.D., is director of and professor of economics in the Ness School of Management and Economics at South Dakota State University.
