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S6 Ep18: How much inflation did Covid fiscal support cause?

VoxTalks Economics

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Introduction

The euro area is facing an economic contraction of a magnitude and speed that are unprecedented in peacetime. The Congress last year spent what $3 trillion in COVID relief? You're asking for $1.9 trillion? But did those policies cause inflation? And how would we even know if they did? Galena Hale from University California, Santa Cruz joins me now to discuss the issue.

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