The Biggest Economic Question of the Moment: Is This Peak Inflation?

0 Anmeldelser
0
Episode
70 of 300
Længde
30M
Sprog
Engelsk
Format
Kategori
Fakta

The question everybody's asking on cable news right now is whether we're in a recession. I think there's an even more important question to ask: Are we at peak inflation? If inflation U-turns, it means the Fed won’t have to keep jacking up interest rates, won’t have to keep destroying demand, and won’t have to indefinitely pump the U.S. economy with tranquilizing drugs to break the fever. I believe peak inflation is right here, right now. In retail, Target and Gap are slashing prices on inventory. In the car market, used car sales are falling. In electronics, the microchip shortage looks like it’s easing. In international shipping, freight rates across the Pacific are declining. And most importantly, the price of oil, metals, wheat, and corn are all falling. Oil prices are falling really, really fast—and that tends to mean that gas prices will follow. Today’s guest is Noah Smith, the economic writer and author of the newsletter Noahpinion. We talk about the great disinflation, where it’s happening, why it’s happening, what it means for the future of the U.S. economy and politics. This episode was in high demand in our mailbox. And as always, keep it coming. Send your feedback and episode ideas to PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Noah Smith Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices


Lyt når som helst, hvor som helst

Nyd den ubegrænsede adgang til tusindvis af spændende e- og lydbøger - helt gratis

  • Lyt og læs så meget du har lyst til
  • Opdag et kæmpe bibliotek fyldt med fortællinger
  • Eksklusive titler + Mofibo Originals
  • Opsig når som helst
Prøv nu
DK - Details page - Device banner - 894x1036

Other podcasts you might like ...