
Dropping Money From Helicopters: Economist John Cochrane On Inflation | Peter Robinson | Hoover Institution
Uncommon Knowledge
The Financial Crisis of 2000, I'm Not Going Back Far Enough for You, John.
Before the financial crisis of 2008, Fed old debt stands at 64% of GDP. Today it's 120%. Inflation doesn't really appear until about 20, late 2020 or early 2021. Never in History has a country that financed big budget deficits with large amounts of central baked money, avoided inflation. Yet the US has been printing money and in a reckless fashion for years.
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.