Nouriel Roubini Calls Return to 2% Inflation 'Mission Impossible'

Nouriel Roubini Calls Return to 2% Inflation 'Mission Impossible'

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Business

University

Hard

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The transcript discusses a shift from the era of low inflation, known as the Great Moderation, to a period characterized by stagflation and financial instability. This change is driven by both supply-side factors, such as deglobalization and geopolitical conflicts, and demand-side influences, including high levels of public and private debt. The speaker argues that maintaining inflation at 2% is unrealistic, suggesting a new normal of 3-4% for advanced economies due to structural factors.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the supply side factors contributing to inflation as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text describe the relationship between public and private debt and inflation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the author mean by 'Mission Impossible' in relation to maintaining inflation at 2%?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

According to the text, what is the new normal for inflation in advanced economies?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What structural factors are mentioned that imply inflation will be higher in the long term?

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