Austan (Austan) Goolsbee

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656 appearances 1 recordings 1 series first heard Jul 2026 last heard 15 Jul

Austan (Austan) Goolsbee’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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It's only a coincidence.

It has nothing to do with what you did.

The coincidence part is usually those two, the dual mandate, they aren't in conflict.

Mm-hmm.

When the divine coincidence starts going wrong is when both things start getting worse at the same time.

We're kind of in that cycle.

We're kind of in that cycle because things like oil prices going up,

They drive down employment and up prices at the same time.

Supply chains getting interfered with and wrecked.

Anything that in our language is happening on the supply side, that's a stagflationary direction shock.

And that's the nightmare of the central bank.

Now it's the 70s.

That was the oil shock.

Now it's the 70s.

Though, as I say, it's not the 70s.

This is the stagflationary direction.

But if you could...

pull out your magic crystal eight ball and call the 1970s and say, hey, you guys dealt with stagflation.

What do we do?

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