Economics with Mani

15 - Inflation and Unemployment: Frenemies?

• Manraj Nijjar • Season 1 • Episode 15

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With inflation soaring and the central bank raising interest rates, many are wondering about the relationship between unemployment and inflation. I explain the original Phillips curve and how it was debunked in the 70's. Finally, I explain what the new Phillips curve says. 

Full video: https://youtu.be/RNPyrIsgCdg

#phillipscurve #unemploymentandinflation


More videos: 

 When was US inflation LAST this HIGH? - https://youtu.be/kxFes-Hil7c

 

 The Inflation Reduction Act  - https://youtu.be/_y9VVm8Ee3s

 

 

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