Episode 98
Soft Landings Are Hard: How Has the US Economy Achieved the Impossible?
Despite all the predictions of doom, the American economy has achieved a macro miracle. Inflation has been tamed without the insidious side-effects of higher unemployment or a recession.
But how has the Fed pulled off a soft landing, and can we hope for the same in the UK?
And in today’s Dumb Question of the Week: Why do economists always get it wrong?
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