2022StevenGlobermanAPRIMERONINFLATIONfraserinstitute.orgfraserinstitute.orgContentsExecutiveSummary/iIntroduction/1WhatisInflation?/3TheAccuracyoftheCPI/5Canada’sInflationPerformance/7TheConceptualDeterminantsofInflation/10WhyIsInflationaProblem?/17ChallengestoMaintainingaLowandStableInflationRate/25ConcludingComments/29References/30Abouttheauthor/34Acknowledgments/34Publishinginformation/35SupportingtheFraserInstitute/36Purpose,funding,andindependence/36AbouttheFraserInstitute/37EditorialAdvisoryBoard/38fraserinstitute.orgfraserinstitute.org/iExecutiveSummarySomewhatover40percentofCanada’scurrentpopulationwasbornafter1988.Therefore,asubstantialproporti...
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