Face the Nation on the Radio 3/13
Face the Nation with Margaret Brennan
00:00
We're Coming Out of This Global Pandemic
The treasury secretary is already saying we should expect 12 months of inflation. When can we play catch up there and bring prices back down, or are these tools really out of the hands policy makers to this point? We have to be really careful that we don't get another wave onof inflation due to what economists call the anchored inflation expectations. Right now, i will go in, i being the american worker, and ask for compensation for past inflation. If i don’t have faith in my policy makers, i will also ask for Compensation for future inflation. I want to protect myself. And if that happens, then we have that awful price wage price cycle. It hits food and
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