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Bloomberg Surveillance

2% Inflation is a Ceiling Not a Target, Kashkari Says

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 20 March 2017

⏱️ 35 minutes

🧾️ Download transcript

Summary

2% Inflation is a Ceiling Not a Target, Kashkari Says

Transcript

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0:00.0

Welcome to Crash Course, a podcast about business, political, and social disruption and what we can learn from it.

0:07.0

I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and

0:15.5

I'm going to explore the lessons we can learn when creativity and ambition collide

0:20.7

with competition and power.

0:23.0

Listen to Crash Course every Tuesday on the I Heart Radio app, Apple Podcasts,

0:28.0

or wherever you get your podcasts.

0:30.0

Brought you by Bank of America, Merrill Lynch investing in local communities, economies, and a sustainable future.

0:37.0

That's the power of global connections, Mary Lynch Pierce Fenner and Smith, Inc.

0:42.6

Member SIPC. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene with David Gura.

1:00.0

Daily, we bring you insight from the best in economics finance investment and

1:05.0

international relations find Bloomberg surveillance on iTunes sound

1:09.9

cloud Bloomberg.com and of course on the Bloomberg.

1:14.0

Now joining us is someone that was way out front.

1:20.0

In fact, maybe President Trump read his book,

1:25.0

The Price of Civilization. Jeffrey Sachs is at Columbia University.

1:30.0

He is a dyed world liberal. He is someone who does not agree with the president,

1:34.2

but he has to see how the president applies policy here.

1:37.7

You were way out front on the struggles of this nation

1:41.5

with your book, Price of Civilization.

1:44.2

The president struck a third rail with the American public,

1:47.7

a poorer opioid, the different other issues that are out there

1:51.7

that are all in your book.

...

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