Inflation: Now and Then

Inflation is back and in this FRDH podcast, Michael Goldfarb speaks with Financial Times columnist Martin Sandbu about the difference between inflation now and then, then being the 1970s. Nothing inspires fear in policy makers like inflation. It is the economic problem that more than any other can change a nation's trajectory in history. Take 29:30 to learn about inflation now, and what it was like back then.