Mindset, habits and the ground rules of money — the piece that sits under everything else.
There is not one kind of inflation but three, and the main tool we use to fight it only really suits one of them. How demand-pull, cost-push and wage inflation differ, what core inflation is for, and why interest rates can be the wrong cure.
The headline inflation figure says one thing; your bank balance says another. Here is what CPI, CPIH and RPI actually measure, how they are worked out, and why your personal inflation is probably higher than the number on the news.