Hello. Today we look at whether the 1960s are being repeated in the U.S. economy, how rural India is suffering and the forecasting history of central banks.
A History Lesson
A new president keen to ease fiscal policy while trying to tackle racial injustice and build a fairer society? Tick
A Federal Reserve chairman satisfied with the course of monetary policy?
A sharply accelerating economy after a period of low inflation?
The lingering worry is, as back then, the current combination of easy monetary and fiscal policies sparks a years-long climb in inflation to double-digit levels the following decade.