New Economy Short Cut | Inflation: Lessons from the Great Shock – with Mark Blyth скачать в хорошем качестве

New Economy Short Cut | Inflation: Lessons from the Great Shock – with Mark Blyth

When inflation reached new highs in 2022, sceptics predicted that it was here to stay. In the meantime, rates have fallen sharply again, albeit at a higher price level. So were those who classified the price shock as shock-induced and temporary – and warned against overly strong reactions from central bankers – right? Renowned economist Mark Blyth examines the phenomenon in his book Inflation: A Guide for Users and Losers. He explains how trade conflicts, climate shocks and geopolitical tensions are creating a very different inflation dynamic than in the past. And what that means at a time when inflation played a significant role in Donald Trump's election. We discuss this in our New Economy Short Cut "Inflation – Lessons from the Great Shock" with Mark Blyth, Professor of International Economics at Brown University.