This chapter discusses the factors driving falling inflation, including consumer confidence, the impact of the pandemic on businesses, and significant government spending in areas like climate change. It also explores the parallels with past economic events.
A much-dreaded recession doesn’t actually seem to be materializing. We called up some experts — economics reporters Tracy Alloway and Greg Ip, plus our boss, Vox CEO Jim Bankoff — to figure out what’s going on.
This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Patrick Boyd, and hosted by Noel King.
Transcript at vox.com/todayexplained
Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts
Learn more about your ad choices. Visit podcastchoices.com/adchoices