Microeconomic Essentials (Episode #140)

Discover how runaway inflation is impacting investing, wealth and the psychology of Americans. Economist Jay Prag joins Andy to discuss the likelihood of reversing inflation with a recession. SHOW NOTES: 6:06: How Is The Fed Fueling Inflation? 11:39: Why Has Economy Not Entered Hyperinflation? 20:54: How Does The Ukraine War Impact Inflation? 26:05: How Does The Fed Behave Like An Addict? 35:05: How Will The Dollar’s Role Change? 41:10: How Is Russia’s Gold Purchasing Impacting The Global Economy? 44:43: How Do You Financially Plan For Inflation & Recession? 49:54: Why Are So Many Americans Embracing Socialism? 51:06: Is MMT A Failure? 54:56: What Is The Future Of Crypto? 1:06: Why Is The Economic Outlook For 2022 So Uncertain?