Big BangThe Big Bang event is a physical theory that describes how the universe expanded from an initial state of high density and temperature. Various cosmological models of the Big Bang explain the evolution of the observable universe from the earliest known periods through its subsequent large-scale form. These models offer a comprehensive explanation for a broad range of observed phenomena, including the abundance of light elements, the cosmic microwave background (CMB) radiation, and large-scale structure.
Inflation targetingIn macroeconomics, inflation targeting is a monetary policy where a central bank follows an explicit target for the inflation rate for the medium-term and announces this inflation target to the public. The assumption is that the best that monetary policy can do to support long-term growth of the economy is to maintain price stability, and price stability is achieved by controlling inflation. The central bank uses interest rates as its main short-term monetary instrument.
Eternal inflationEternal inflation is a hypothetical inflationary universe model, which is itself an outgrowth or extension of the Big Bang theory. According to eternal inflation, the inflationary phase of the universe's expansion lasts forever throughout most of the universe. Because the regions expand exponentially rapidly, most of the volume of the universe at any given time is inflating. Eternal inflation, therefore, produces a hypothetically infinite multiverse, in which only an insignificant fractal volume ends inflation.
Distance measureDistance measures are used in physical cosmology to give a natural notion of the distance between two objects or events in the universe. They are often used to tie some observable quantity (such as the luminosity of a distant quasar, the redshift of a distant galaxy, or the angular size of the acoustic peaks in the cosmic microwave background (CMB) power spectrum) to another quantity that is not directly observable, but is more convenient for calculations (such as the comoving coordinates of the quasar, galaxy, etc.
Expansion of the universeThe expansion of the universe is the increase in distance between gravitationally unbound parts of the observable universe with time. It is an intrinsic expansion; the universe does not expand "into" anything and does not require space to exist "outside" it. To any observer in the universe, it appears that all but the nearest galaxies (which are bound by gravity) recede at speeds that are proportional to their distance from the observer, on average.
Jeans instabilityIn stellar physics, the Jeans instability causes the collapse of interstellar gas clouds and subsequent star formation, named after James Jeans. It occurs when the internal gas pressure is not strong enough to prevent gravitational collapse of a region filled with matter. For stability, the cloud must be in hydrostatic equilibrium, which in case of a spherical cloud translates to where is the enclosed mass, is the pressure, is the density of the gas (at radius ), is the gravitational constant, and is the radius.
Hubble's lawHubble's law, also known as the Hubble–Lemaître law, is the observation in physical cosmology that galaxies are moving away from Earth at speeds proportional to their distance. In other words, the farther they are, the faster they are moving away from Earth. The velocity of the galaxies has been determined by their redshift, a shift of the light they emit toward the red end of the visible spectrum. Hubble's law is considered the first observational basis for the expansion of the universe, and today it serves as one of the pieces of evidence most often cited in support of the Big Bang model.
Monetary inflationMonetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services.Michael F. Bryan, On the Origin and Evolution of the Word "Inflation", clevelandfed.
Observable universeThe observable universe is a ball-shaped region of the universe comprising all matter that can be observed from Earth or its space-based telescopes and exploratory probes at the present time; the electromagnetic radiation from these objects has had time to reach the Solar System and Earth since the beginning of the cosmological expansion. Initially, it was estimated that there may be 2 trillion galaxies in the observable universe, although that number was reduced in 2021 to only several hundred billion based on data from New Horizons.
Age of the universeIn physical cosmology, the age of the universe is the time elapsed since the Big Bang. Astronomers have derived two different measurements of the age of the universe: a measurement based on direct observations of an early state of the universe, which indicate an age of 13.787 billion years as interpreted with the Lambda-CDM concordance model as of 2021; and a measurement based on the observations of the local, modern universe, which suggest a younger age.
Asset price inflationAsset price inflation is the economic phenomenon whereby the price of assets rise and become inflated. A common reason for higher asset prices is low interest rates. When interest rates are low, investors and savers cannot make easy returns using low-risk methods such as government bonds or savings accounts. To still get a return on their money, investors instead have to buy up other assets such as stocks and real estate, thereby bidding up the price and creating asset price inflation.
Accelerating expansion of the universeObservations show that the expansion of the universe is accelerating, such that the velocity at which a distant galaxy recedes from the observer is continuously increasing with time. The accelerated expansion of the universe was discovered during 1998 by two independent projects, the Supernova Cosmology Project and the High-Z Supernova Search Team, which both used distant type Ia supernovae to measure the acceleration.
