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Joseph Gagnon on the Trinity of COVID-era Inflation and the Upcoming Fed Framework Review
Description
Joseph Gagnon is a senior fellow at the Peterson Institute for International Economics, a former senior Fed staffer, and a returning guest to the podcast. Joe rejoins David on Macro Musings to talk about the unholy trinity behind the COVID inflation surge and what history can teach us about the unusual inflation experience of that period. David and Joe also discuss the inflationary lessons from the Korean War, the Fed's upcoming framework review, and much more.
Transcript for this week's episode.
Joseph's Twitter: @GagnonMacro
Joseph's PIIE profile
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Related Links:
*What Caused the U.S. Pandemic-Era Inflation?* by Ben Bernanke and Olivier Blanchard
*Understanding U.S. Inflation During the COVID Era* by Laurence Ball, Daniel Leigh, and Prachi Mishra
Timestamps:
(00:00:00) – Intro
(00:02:46) – Predicting the Post-Pandemic Inflation Surge
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