Chapter
The Concerning Impact of Long-Term Inflation Expectations
05:47 - 16:05 (10:17)
The podcast discusses the impact of long-term inflation expectations on demand, supply, and pricing, particularly in the context of limited supply and already high inflation, and how it can lead to a cycle of sustained inflation. It emphasizes the need to understand inflation expectations to gauge its impact on behaviors and the economy overall.
Clips
The decision to buy or not buy certain goods, such as a $6 coffee at Starbucks, can have psychological and economic implications on inflation.
05:47 - 09:59 (04:12)
Summary
The decision to buy or not buy certain goods, such as a $6 coffee at Starbucks, can have psychological and economic implications on inflation. Through interviews and economic research, experts aim to understand how the public's behaviors and inflation expectations impact the overall economy.
ChapterThe Concerning Impact of Long-Term Inflation Expectations
EpisodeHow Expecting Inflation Can Actually Create More Inflation
PodcastThe Daily
Rising prices tend to lead to people lowering their spending and asking for more working hours resulting in the fight against inflation.
10:01 - 13:34 (03:33)
Summary
Rising prices tend to lead to people lowering their spending and asking for more working hours resulting in the fight against inflation.
ChapterThe Concerning Impact of Long-Term Inflation Expectations
EpisodeHow Expecting Inflation Can Actually Create More Inflation
PodcastThe Daily
Fear of future price increases can actually fuel inflation, as it results in increased demand and allows sellers to raise prices without losing customers.
13:35 - 16:05 (02:29)
Summary
Fear of future price increases can actually fuel inflation, as it results in increased demand and allows sellers to raise prices without losing customers.