Eric Jaffe & Maurice Obstfeld , Deciding Factors by GLG

Maurice Obstfeld: Inflation, COVID-19, and the Economy

16 Sep 2021 • 18 min • EN
18 min
00:00
18:27
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In May of this year, the Labor Department’s Consumer Price Index, a top gauge of inflation, showed that April 2021 prices had jumped 4.2% over those recorded in April 2020. Prior to this, inflation had remained relatively dormant. But COVID-19 changed that.  In this episode, Maurice Obstfeld, Professor of Economics at Berkeley, and a nonresident senior fellow at the Peterson Institute for International Economics, discusses the current state of inflation, where we might be heading, and the impact of COVID-19. He also talks about unemployment, possible corporate tax hikes, and provides his advice for the Biden administration as it navigates these choppy waters. 

From "Deciding Factors by GLG"

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