How inflation in the 1970s brought us to our current situation - and what we can do about it

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 15 September 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

The economy is full of unintended consequences - and those ripple through time for decades. How the world stopped inflation in 1970 brought on our current world view - but this time we’re fighting inflation radically differently…

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Transcript

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0:00.0	How you doing there? Just a quickie before we start on the Apple podcast. Why don't you double click on David McWilliams Plus? It's right there when you open the podcast. You get ad free, you unlock early access. Just double click. And away you go. David McWilliams Plus, you get this pure and simple.
0:20.6	How did the dog sneak out?
0:22.6	When did that parcel vanish?
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0:51.3	Imagine a world without borders, where money moves between countries fast and securely,
0:58.2	or without having to build or manage a complex infrastructure.
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1:23.7	To understand the economy, you have to understand human nature.
1:30.3	This podcast is powered by ACAST.
1:35.8	How you doing there? It's podcast time. All is good. Kilkenomics tickets are on sale.
1:42.5	And in fact, this podcast is going to be, are we returning to the 70s, which is a show we're doing at Kilconomics.
1:50.6	But another show we're doing, which is the end of globalization with Nassim Talab, Sonny Kapoor, Pippa Malgram, and Echay Temelkern.
1:58.9	What a lineup.
2:00.1	That's an incredible lineup, actually.
	...

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