
Challenging Your Confirmation Bias, with Economist Larry Kotlikoff
Afford Anything
00:00
Is There More Inflation?
Larry, i would like to start by discussing a big picture over view of the current economic landscape. Could you help us make sense of the broad economic landscape around us? We're seeing major increases in prices, an inflation. I think the price levels increased by about five % over the last year. That's huge compared to our to recent history. And it could easily turn from five to ten%. Because if inflation gets into people's minds, then they're gont start f raising prices because they think other people are. Kind of opportunistic. A price increases, then things are off to the races, and then the fet has to o step on the on the breakes to try and
Transcript
Play full episode