Rising inflation and interest rates don’t always lead to recession
Since the pandemic started, we have been hearing about ships clogging our ports. While that situation has eased somewhat, our next guest believes it and high rates of inflation will continue for a while due to increased consumer demand fueled by years of the Fed’s easy money policy and more recently, pandemic relief money.
Mike Switzer interviews Bruce Yandle, Dean Emeritus at the College of Business & Behavioral Science and Alumni Professor of Economics Emeritus, both at Clemson University. He is also the Distinguished Professor of Economics at George Mason University’s Mercatus Center which publishes his Economic Situation Report.