Editor’s note: This is the seventh story in an occasional series on the causes and impact of inflation. Car buyers who haven’t been in the market for a while might be in for some sticker shock. In the ...

Explore the effects of cost-push and demand-pull inflation on supply, demand, and prices. Learn the causes and key differences to better understand economic impacts.

In 1970, a cup of coffee cost around 25 cents. Today, that 25-cent cup of joe would actually cost around $1.70. The coffee didn’t get any better. The price was driven up by the relentless pressure of ...