It’s been a long time since anyone in America or Europe had to think seriously about inflation. But the highest U.S. numbers since 2009 have rattled financial markets and critics of President Joe Biden are warning that his big spending could trigger a full-blown 70s-style price spiral.

Bloomberg Senior Asia Economy Correspondent Enda Curran reports from Hong Kong on the price pressures facing Asian exporters, and how they’re affecting what consumers pay in American stores. Then host Stephanie Flanders talks to Jason Thomas, head of Global Research at the Carlyle Group, who says he believes that reopening the U.S. economy will help push inflation back down again—and that the long-term forces which have kept a lid on prices are still in place. 

With U.S. gas stations across the Southeast running short of supply and drivers sitting in line to fill their tanks, you would have been forgiven for thinking the 70s had already returned. Though the Colonial Pipeline is now back up and running, Chief Energy Correspondent Javier Blas explains how a cyberattack on America’s biggest fuel conduit could do such damage, and why U.S. energy companies are scrambling to shore up their defenses. 

It’s been a long time since anyone in America or Europe had to think seriously about inflation. But the highest U.S. numbers since 2009 have rattled financial markets and critics of President Joe Biden are warning that his big spending could trigger a full-blown 70s-style price spiral.Bloomberg Senior Asia Economy Correspondent Enda Curran reports from Hong Kong on the price pressures facing Asian exporters, and how they’re affecting what consumers pay in American stores. Then host Stephanie Flanders talks to Jason Thomas, head of Global Research at the Carlyle Group, who says he believes that reopening the U.S. economy will help push inflation back down again—and that the long-term forces which have kept a lid on prices are still in place. With U.S. gas stations across the Southeast running short of supply and drivers sitting in line to fill their tanks, you would have been forgiven for thinking the 70s had already returned. Though the Colonial Pipeline is now back up and running, Chief Energy Correspondent Javier Blas explains how a cyberattack on America’s biggest fuel conduit could do such damage, and why U.S. energy companies are scrambling to shore up their defenses.

Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.

Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.

Who will win the trade war, and how? If the job market is so strong, why does your paycheck seem so meager? What will drive the economy of the future? Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders, will take listeners on location each week to answer questions like these and bring the global economy to life.

Trumponomics

What’s Really Behind the Great 2021 Inflation Debate

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/94844cd5-0da8-4597-9738-ae2b001623f8/transcript

Advertisement