The Potential Inflation Perils of Helicopter Money

The video discusses concerns about inflation, particularly the potential impact of helicopter money and asset price inflation. Sharma highlights the risks of focusing solely on traditional inflation measures, noting the consequences of asset price inflation, such as economic instability and social inequality. The discussion also touches on historical recessions linked to asset price fluctuations and critiques central banks' adherence to outdated inflation targets.

In what ways might people respond to a windfall from economic policies, according to the text?

What historical examples does the speaker provide to illustrate the consequences of asset price inflation?