The Economy in 2023 -- with Mohamed El-Erian

Is there any precedent for combating inflation that doesn’t end in recession or depression? This is one of many questions we have for Dr. Mohamed El-Erian as we look ahead to 2023. What should we expect this year in the markets and the economy? Mohamed El-Erian is President of Queens' College at Cambridge University. He serves as part-time Chief Economic Advisor at Allianz and Chair of Gramercy Fund Management. He’s a Professor at The Wharton School, he is a Financial Times contributing editor, Bloomberg Opinion columnist, and the author of two New York Times best sellers. He serves on the board of the National Bureau of Economic Research, and of Barclays and Under Armour. From 2007-2014, Mohammed was CEO/co-CIO of PIMCO and was chair of President Obama's Global Development Council. He also served two years as president and CEO of Harvard Management Company, the entity that manages Harvard’s endowment. He has been chair of the Microsoft Investment Advisory Board since 2007. Essay discussed in this episode: "Not Just Another Recession: Why the Global Economy May Never Be the Same" https://www.foreignaffairs.com/world/not-just-another-recession-global-economy