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...
13 - The Inflation Reduction Act: What Does it Even Do?
Economics with Mani
4 minutes
3 years ago
13 - The Inflation Reduction Act: What Does it Even Do?
The inflation reduction act was recently signed. But behind the confusing name and the range of different policies included, it can be difficult to figure out exactly what the impact of this bill will be. I give a simplified explanation of what this bill is about. How it won't really affect inflation, and how it's mainly a climate change bill. Finally I explain how this bill will be paid for: via additional taxes on firms and a big budget upgrade for the IRS. Full video: https://youtu.b...
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...