Economic Take
Assessing the Inflation Risk of COVID-19 Deficit Spending
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:06:20
- More information
Informações:
Synopsis
The federal deficit was $3.1 trillion for the 2020 fiscal year. This record amount has some economists revisiting the popular theory that deficits may cause inflation. But is there any evidence that COVID-19 fiscal support could overstimulate the economy?