Hidden Forces cover image

Bill Janeway | Venture Capitalism and the Future of the Innovation Economy

Hidden Forces

00:00

The Impact of the LBJ Administration on the Western World

The impact of the government initiative from OPEC that as you say correctly demonstrated the incapacity of governments in the Western world to provide for their people. So I just said effective demand declines sharply while taxes raise the cost of everything. What does that mean? Higher inflation, lower employment. That was stagflation. Well, Obama right now, because he's only been gone for two years, whatever's wrong, it's Barack Obama's fault. Sure.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app