
The Causes And Effects Of Today's Inflation, With Raghuram Rajan
Capitalisn't
Is There a Pandemic Response to Inflation?
I think there's a tendency in our short term driven world to think of any inflation we're suffering now as resulting from the pandemic and the response to the pandemic. But i think, based on what you've said, that you would also trace some of it back to pre pandemic policies,. A namely, quantitative easing, super low intrestrates. What its succeeded overtime with all these different measures, including the initial pandemic response, was to give markets a sense that the fed had ad their back. And that's problematic, because if the marketsd and financial conditions are strong, even as the fed is saying maybe we need ter in our tighter conditions, maybe we need to
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.