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25min chapter
8/29/22: Fed Policy, Trump Investigation, New Polling, Big Pharma War, Facebook Censorship, Populist Dems, & More!
Breaking Points with Krystal and Saagar
Restoring Price Stability and the Burdens of High Inflation
This chapter discusses the burdens of high inflation and the actions needed to restore price stability. It emphasizes the need for using tools forcefully to balance supply and demand and mentions that reducing inflation may require below trend growth and softening of labor market conditions. The chapter highlights that while these measures may bring some pain to households and businesses, failure to restore price stability would cause even greater pain.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode