Episode 588: INFLATION 101: What’s Really Going On?-ROBERT POLLIN

I’m calling this conversation with economist ROBERT POLLIN, INFLATION 101. What’s really going on? The current bout of inflation is global, not domestic. It’s higher in other economies than in the US. It’s primarily due to the global pandemic and Russia’s invasion of Ukraine. And it may already be over. Yet the Fed seems intent on risking recession to fight it with tools that ignore its real causes.