The Future of Inflation

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Inflation got close to double digits in most advanced economies. It is starting to fall but from very high level. Central banks are in a dilemma. If there is interest to fight inflation, they're going to cause a hard landing and if instead they care about jobs and growth and employment, don't raise interest rates enough. Then inflation, inflation, expectation, get the anchored. There's a price wage spiral in the double like the 70s with high inflation and persistent basis.

Co-host Michael Chui talks with Nouriel Roubini. Roubini is professor emeritus of economics at the Stern School of Business at New York University, and CEO of Roubini Macro Associates, a global macroeconomics consultancy. He covers topics including the following:

The “mother of all” debt crises and what to do about it
Likely future trends in the global balance sheet—the world’s economic health and wealth
The trajectory of globalization
Which “megathreat” worries him most

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