The Fear of Inflation
Economist Paul Krugman discusses the sociological and economic factors that contribute to the Federal Reserve's fear of inflation and its impact on full employment. He highlights the challenges of estimating the non accelerating inflation rate of unemployment and the selective perception of historical events, shedding light on the conservative bias in our political system.In this clip
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Related Questions
How has inflation affected the economy as discussed in the episode Robert Shiller Discusses Narrative Economics and the clip Economic Narratives Shift, particularly in conversation with Reid Hoffman & Robert F. Kennedy Jr. and the clip Inflation and Price Control?
Why are people averse to inflation, as discussed in the episode Jan Hatzius on the Narrow Path to Avoid a Hard Landing and the clip Inflation Targets Debate?
Why are people averse to inflation as discussed in the episode "Economic Storms are Gathering | Peter Schiff | EP 353" and the clip "Inflation's Impact"?