Season 1 · Episode 346
What will all this inflation do to us?
Inflation is taking a long time to come down. Phil asks Steve, what caused it, will it stick around and is it all bad?
Debunking Economics - the podcast · Steve Keen & Phil Dobbie
April 12, 202331m 25s
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Show Notes
Not so long ago the world was worried about deflation, supposedly driven by low-cost imports from China, but also a stagnating economy driven by high levels of private debt. Now central banks are trying their hardest to bring down inflation, fearing without their expertise it will spiral out of control. So, will it? What caused it? And can we live with it? This week Phil and Steve look at the pros and cons of inflation and discuss whether it is here to stay.
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