Deciding Factors by GLG
Deciding Factors takes a close look at decision-making, what influences it, and how to learn and apply insight to make an informed choice. In each episode, GLG’s Eric Jaffe sits down with world-class experts who share knowledge untapped by the usual sources. He dives into the world these experts know and draws out the insights that can help you navigate the decisions you make.
Deciding Factors by GLG
Maurice Obstfeld: Inflation, COVID-19, and the Economy
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Eric Jaffe
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Season 2
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Episode 6
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.