Are We Reliving The 70s? - Stagflation Explained
June 17, 2021
164
5
3.05%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Bold Tv Episodes Around June 17, 2021
See what was published immediately before and after this episode.
3:34Now PlayingAre We Reliving The 70s? - Stagflation Explained
YouTube Description
as posted by the channelWhy is everything so expensive? Are we reliving the 70s? Not bell bottoms and disco, but the US economy? Yup, we’re talking stagflation. What is stagflation? Keep watching, and we’ll tell you.
Welcome back to Bold TV with David Grasso. Be sure to like, subscribe, and hit the notification bell for all things Bold.
2020 changed everything for the US economy, and the federal reserve decided to print a lot of money. Not only this, but the government went on it’s own spending spree, remember your stimulus checks?
So you have the government spending money through stimulus checks and otherwise, and the federal reserve printing more money than ever. What does this mean for the US economy? Well, we’re starting to see rising inflation. What is inflation? Simply put, it’s rising prices in the economy.
Rising inflation was a big issue in the 70s and today we’re seeing a similar pattern start to emerge as the value of the dollar falls, and prices rise. And to put it very simply, many economists are worried the US economy is about to enter the same issue of stagflation. What is stagflation? Stagflation is when you see rising prices, but the economy doesn’t exactly boom but instead, stagnates.
What happens next? What do you think could come next? Let us know in the comments below.
👇 FOLLOW DAVID GRASSO 👇
Instagram: @grassoroots
Twitter: @grassoroots
Subscribe to BOLD TV
Check out David Grasso’s podcast, Follow The Profit here
Are you ready to be BOLD? Check out our favorite articles:
SAY HI ON SOCIAL:
Instagram, Twitter, and Facebook: @boldtv
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.