Economics with Mani
Economics with Mani
15 - Inflation and Unemployment: Frenemies?
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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