Inflation Expectations
Joe and Dan discuss the importance of credibility and inflation expectations among central bankers, reflecting on Paul Volcker's actions in the 1970s and the impact on the economy. Dan challenges the notion of hyperinflation fears and the historical context of inflation trends post-1970s, providing a fresh perspective on the expectations channel.In this clip
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Odd Lots
Dan Alpert on the Big Difference Between Now and the 1970s
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