21min chapter

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Episode 78, Carola Binder, author of Shock Values: Prices and Inflation in American Democracy, host Rick Ferri

Bogleheads On Investing Podcast

CHAPTER

Inflation and Monetary Policy: A Historical Overview

This chapter explores the evolution of inflation and monetary policy in the United States, tracing key events from World War I through the Great Recession. It examines the interplay between government actions, the Federal Reserve's responses, and economic conditions that led to significant challenges like stagflation and the Great Depression. The discussion highlights the importance of understanding past economic crises to inform contemporary policy decisions, particularly around inflation targeting and fiscal stimulus strategies.

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