The economics of Inflation—Science, Craft, or Snake Oil

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Recorded14 May 2023

Publisherabc.net.au ↗

Handlerec:3604159

Show notes

None of us need to be told that prices are going up or that interest rates are following. We are clearly now in a period of inflation which may or may not lead to a recession. But what exactly is inflation, why does it occur, how does it relate to interest rates and what if anything can we learn from past inflationary periods?

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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