PREVIEW: INFLATION: Hoover Institution economist John Cochrane analyzes persistent inflation drivers threatening economic stability and examines proven mitigation strategies. More tonight.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 19 November 2024
⏱️ 2 minutes
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1908 Braddock Hills PA
Transcript
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| 0:00.0 | This is John Batchel, conversation with Professor John Cochran of Stanford University, |
| 0:05.7 | an esteemed fellow with the Hoover Institution about inflation, inflation dominating the conversation |
| 0:12.1 | of the late election. But what is to be done? John speaks especially well of keeping watch |
| 0:18.3 | at the Federal Reserve for a snapback of inflation, |
| 0:21.6 | and also Doge, Elon Musk and Vivek Rima Swami's project, |
| 0:26.8 | and what is to be done. |
| 0:27.9 | John speaks very well of it in the patrol of inflation |
| 0:32.9 | that is driven by government spending. |
| 0:35.4 | Here's John Cochran on inflation and Doge and the future prosperity. |
| 0:42.0 | More of this tonight. I think that is the best answer for current and future inflation. |
| 0:47.5 | Inflation is kind of quiet right now, but it's kind of like you've had a thousand cockroaches in your |
| 0:53.2 | department. |
| 0:58.2 | You get it down to three and you say, oh, wow, that problem's over, smooth landing. |
| 0:58.7 | Here we come. |
| 1:02.1 | I think the Fed is celebrating a little too quickly. |
| 1:06.8 | But we'll see what, you know, the danger is an outburst of inflation. The best answer for the underlying fiscal problem, which is where we have fear of inflation |
| 1:14.3 | to come from, is economic growth because economic growth will mean more tax revenue. |
| 1:20.1 | It'll mean less need for spending. |
| 1:22.0 | It'll be great. |
| 1:22.7 | So I have great hope for the Dogers. |
| 1:25.9 | Now, of course, what they need to do is not so much have the government |
| 1:29.5 | do what it does now more efficiently. God forbid that they enforce their regulations more efficiently. |
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