World Hasn’t Admitted Inflation Gone Out of System: Desai

The video discusses the current state of inflation, noting that it has largely disappeared from the system, leading to a period of low growth. Central bankers are attempting to increase inflation, which is seen as unusual. The concept of super core inflation is introduced, which measures price changes related to economic slack. The discussion shifts to potential solutions for economic growth, including direct fiscal stimulus and helicopter money, as traditional monetary policy has become ineffective.

In what ways have technological advancements impacted commodity prices and inflation?

What challenges do politicians face in championing fiscal policy in the current economic climate?