Calling for a ‘short recession’ as an economist is like calling for a ‘small war’ knowing you’ll never be on the frontlines, says Greg Jericho.

Inflation isn’t coming down as fast as many hoped, but it’s still heading in the right direction. Some economists are calling for recession, but that’s playing with fire, according to Greg Jericho. On this episode of Dollars & Sense, Greg calls for calm as policymakers navigate a difficult economic climate.

Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed.

australiainstitute.org.au // @theausinstitute

Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut

Producer: Jennifer Macey // @jennifermacey

Additional editing: Emily Perkins

Theme music: Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.