With inflation soaring and the central bank raising interest rates, many are wondering about the relationship between unemployment and inflation. I explain the original Phillips curve and how it was debunked in the 70's. Finally, I explain what the new Phillips curve says. Full video: https://youtu.be/RNPyrIsgCdg #phillipscurve #unemploymentandinflation More videos: When was US inflation LAST this HIGH? - https://youtu.be/kxFes-Hil7c The Inflation Reductio...
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With inflation soaring and the central bank raising interest rates, many are wondering about the relationship between unemployment and inflation. I explain the original Phillips curve and how it was debunked in the 70's. Finally, I explain what the new Phillips curve says. Full video: https://youtu.be/RNPyrIsgCdg #phillipscurve #unemploymentandinflation More videos: When was US inflation LAST this HIGH? - https://youtu.be/kxFes-Hil7c The Inflation Reductio...
With construction costs going through the roof, many want to believe that they will go down soon. In this video I discuss the inflationary pressures driving costs up in the construction industry from labour shortages to shipping delays. Finally, I explain why construction costs are likely to continue rising although at a slower pace for the coming years. Time stamps 00:00 | Preview 00:31 | Context 00:44 | Labour shortage 01:25 | Material shortages 01:51 | ...
Economics with Mani
With inflation soaring and the central bank raising interest rates, many are wondering about the relationship between unemployment and inflation. I explain the original Phillips curve and how it was debunked in the 70's. Finally, I explain what the new Phillips curve says. Full video: https://youtu.be/RNPyrIsgCdg #phillipscurve #unemploymentandinflation More videos: When was US inflation LAST this HIGH? - https://youtu.be/kxFes-Hil7c The Inflation Reductio...
