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Claudia Sahm on why we shouldn't be worried about inflation right now

Claudia Sahm on why we shouldn't be worried about inflation right now

FromOFF-KILTER with Rebecca Vallas


Claudia Sahm on why we shouldn't be worried about inflation right now

FromOFF-KILTER with Rebecca Vallas

ratings:
Length:
53 minutes
Released:
Feb 27, 2021
Format:
Podcast episode

Description

Earlier this week, in a hearing on the state of America's economic recovery, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee that the employment rate for low-wage workers—those hit hardest by the pandemic—is “probably above 20 percent.” With President Biden’s $1.9 trillion COVID relief package on the move in Congress, and with the first glimmers of what a $3 to $4 trillion infrastructure and jobs package might look like on the horizon to follow, Rebecca talks to Claudia Sahm, a senior fellow at the Jain Family Institute and a former economist at the Federal Reserve, about the economic debate over Biden’s COVID relief package, why we shouldn’t be worried about inflation right now, what concerns about "runaway inflation" have to do with the toxic culture of economics, and more.
Released:
Feb 27, 2021
Format:
Podcast episode

Titles in the series (100)

Off-Kilter is a podcast about economic liberation—and the shifts in collective consciousness it will take to set us all free. Every week, Rebecca Vallas talks with visionary leaders and organizations working to reinvigorate our shared imagination and disrupt the imbalance of power in our society. Find Off-Kilter on the Progressive Voices Network, the We Act Radio network in D.C., local radio stations across the U.S., and wherever you get your podcasts.