Pandemic Changed Inflation Landscape, Says Ed Yardeni

The video discusses the evolution of monetarism, inflation trends, and the impact of the pandemic on economic theories. It highlights the persistent nature of inflation and the Federal Reserve's potential responses, including interest rate hikes and adjusting inflation targets. The discussion covers the effects of taper tantrums on markets and the challenges faced by the Fed. It also explores productivity trends, labor force issues, and the distinction between entrepreneurial and crony capitalism. Finally, the video predicts future economic growth, emphasizing technology's role in solving problems and improving prosperity.

What are the implications of the current labor force situation on productivity?

In what ways does the speaker differentiate between entrepreneurial capitalism and crony capitalism?

How does the speaker view the relationship between technology and future economic prosperity?