Here are three interesting and readable short pieces from the Federal Reserve System. They all deal, in one way or another, with inflation, and they all provide good background for teachers and students alike.
The first is from the Federal Reserve Bank of Cleveland's Economic Trends and is by far the timeliest. By that I mean it really is of the moment and probably needs to be used or read in the near term to have the most value.
The remaining two are courtesy of the Federal Reserve Bank of St. Louis. This one is from their Economic Synopses publication and deals with a practical definition of monetizing the debt. You know, it’s the answer you have to give when students ask "why doesn't the government just print more money and pay off the debt?" In this case, the definition depends upon intent. And the article provides some good historical context.
The next article is a brief essay from the recent issue of Monetary Trends. It asks "Why Do People Dislike Inflation?" And it provides a good answer. If your students sometimes speak like inflation might be a good thing (wages rise, debts are easier to pay off, etc.), this could be helpful.
I look forward to your thoughts on these articles.