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Platypus Economics with Justin Wolfers Podcast
Is Inflation Going to Ruin the Summer? | Off the Clock

Is Inflation Going to Ruin the Summer? | Off the Clock

Platypus Economics with Justin Wolfers vor 3 Monaten

0:00

43:57

Justin Wolfers is back with Stacey Vanek Smith to break down
three of the biggest stories in economic news. Starting with the
arrival of new Fed Chair Kevin Warsh — and the question of which
Kevin Warsh will show up for the job: the inflation hawk from the
Great Recession, or a more political figure likely to echo
President Trump's calls for lower interest rates. Next, Justin
and Stacey cover Bond Market 101, with Justin explaining why the
U.S. government sells Treasury bonds, why investors buy them, and
what rising long-term yields signal about inflation, oil prices,
and the national debt.

Finally, they dig into the stunning collapse in consumer
sentiment, and why Justin believes these historically bleak
numbers reflect something deeper than a bad economy — namely, a
crisis of confidence in the people managing U.S. economic policy.
At the same time, Stacey points out the affordability crunch is
very real, with inflation hitting some summertime staples
especially hard.

If you enjoy this episode, please rate and review — and check out
the link below to weigh in on Justin and Stacey's bet about
midterm gas prices on Manifold Markets!

Link to Justin & Stacey's bet:
https://manifold.markets/StaceyVanekSmith/will-national-gas-prices-in-the-us

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