The Inflation Dragon

Podcast: History As It Happens · Martin Di Caro

Opublikowano: 2026-10-23

Subscribe now to skip ads and support the show! As inflation fuels a cost-of-living crisis, millions of Americans are getting a bitter taste of what past generations dealt with. From the mid-1960s into the Age of Reagan, high inflation (or stagflation) bedeviled economists, frustrated presidents, and shrank the horizons of middle-class Americans. And not just inflation! Policy-makers' responses also caused pain. In this episode, historian Nelson Lichtenstein delves into inflation's historical causes and pokes holes in the conventional wisdom that interest rate adjustments by an independent Federal Reserve are the wisest way to tame inflation. <...