Inflation has stayed low for more than a decade. Why is inflation not going up? This was the essence of the golde locks period. Inflate an just stayed low, sort of, no matter what, did anyone get to an answer? How was it that you could have something that was just right?
The stock market tumble and crypto crash are symptoms of a broader shift in the US economy. Jacob Goldstein explains the end of the “Goldilocks Era.”
This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Mounsey, hosted by Noel King.
Transcript at vox.com/todayexplained
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