Private Money with Stefan Eich
The Dig
00:00
The New Politics of Disinflation and the Opening of Private Consumer Credit
The new politics of disinflation self consciously imposed constraints collective bargaining and real wage growth, it simultaneously opened the taps of private consumer credit. How did these two things emerge and function in tandam agan iam drawing here on greater tripnes work. The great moderations usually thought of as a kind of macro economic phenomenon are shaped by worries about an overburdened political system that is struggling to adjudicate between conflicting distributional claims financial markets.
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