![The mystery of rising prices. Are greedy corporations to blame for inflation?](/summary-img/46747-LBWECCGW.jpg?h=M&b=0)
Recommendation
While the Federal Reserve focuses on restoring price stability in the US economy, what is less clear is how inflation reared its ugly head in the first place. Correspondent Stacey Vanek Smith explores the current inflationary environment and its possible underlying causes, including excess government spending, the Fed’s accommodative monetary policy during the COVID-19 pandemic, geopolitical instability and corporate greed. Anyone concerned about inflation turmoil will find some valuable insights in this informative report.
Summary
About the Author
Stacey Vanek Smith is the co-host of NPR’s The Indicator from Planet Money and a Planet Money correspondent.
Comment on this summary or Démarrer une discussion