"Econ 102" with Noah Smith and Erik Torenberg cover image

Fiscal Dominance, the War in Ukraine's Actual Cost, and Fact Checking Rich Men North of Richmond

"Econ 102" with Noah Smith and Erik Torenberg

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Economic Trends and Political Implications

This chapter examines the debate over interest rates, inflation, and their historical context, comparing economic conditions from the Reagan era to today. It highlights the Biden administration's strategies for managing oil prices and the complexities of economic performance attribution to U.S. presidents. Additionally, the chapter reflects on consumer sentiment related to inflation ahead of the 2024 elections, intertwining economic analysis with popular culture commentary on the working class.

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