It Worked To Beat Inflation In The 1980s. They’re Not Considering It Now.
As we move into the new year, we wanted to check in on a persistent economic condition that's likely to impact the U.S. and the globe: inflation.
Brian Lehrer: A Daily Politics Podcast
Audio is streamed directly from the publisher (pscrb.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
As we move into the new year, we wanted to check in on a persistent economic condition that's likely to impact the U.S. and the globe: inflation.
On Today's Show:
Neil Irwin, chief economic correspondent at Axios, discusses how Reagan era Fed chairman Paul Volcker reduced high inflation 40 years ago by jacking up interest rates and muddling through a recession. With an almost opposite economic landscape leading into 2022, current Fed chair Jerome Powell might need to pull off a tricky reverse of that strategy.