The Breakdown cover image

Post-Modern Monetary Theory

The Breakdown

00:00

Price Inflation Has Been Here the Whole Time

The worry then is hyper inflation, devaluation of the us. Dollar and serious economic impact. Does that mean that monetary policy has been bad and reckless? I don't know. It's complicated because we've only been talk about the inflation side of monetary policy. And again, it's not a coincidence that this has been the decade of c e. Inflation probably is barely making a dent in real rates. On the one hand, there are real signs of tightening policy for the first time in a while. But on the other hand, even the proposed radhikes are a lot than true.

Play episode from 08:54
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app