Economist Bootle Sees `Significant Inflationary Danger'

Economist Bootle Sees `Significant Inflationary Danger'

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the differences between inflation in the 1970s and current inflationary risks. It highlights the role of monetary and fiscal policies, globalization, and climate policy in shaping inflation. The impact of demographics and the potential for wage-driven inflation are also explored, emphasizing the importance of psychological factors and news coverage in shaping inflation expectations.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What historical economic conditions are compared to the current situation regarding inflation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some reasons given for the persistence of inflation in the 1970s?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker differentiate the current inflationary danger from that of the past?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do supply-side factors play in the current inflation discussion?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might climate policy contribute to inflationary pressures?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What demographic changes are mentioned as influencing inflation?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How do wages factor into the expectations of future inflation?

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