About this episode
Inflation hasn’t been much of an issue since Jimmy Carter was in office. But—like Mom Jeans and mullets—it’s totally back. This time, though, it feels different. We’re paying more than ever at the pump and in the grocery stores, so what’s to blame? Is it government spending? Supply chain shortages? The war in Ukraine? We’ve got questions, so we turned to UCF economist Sean Snaith for answers.
Additional Resources
Want to learn more? Check out Snaith’s latest U.S. Economic Report from UCF’s Institute for Economic Forecasting.
Featured Guests
Sean Snaith, Ph.D. – Director, Institute for Economic Forecasting
Episode Transcription
Paul Jarley: Inflation hasn’t really been an issue since the Carter years. That Saturday Night Live skit was Dan Aykroyd impersonating Jimmy Carter. Inflation is definitely not the friend of people who are on fixed incomes. Today’s inflation, though, feels a little different. Some people think it’s not a surprise. We printed a bunch of money during the pandemic, and we’re suffering the consequences to that. Spending was high, particularly government spending.
Some people blame it on supply chain shortages. Some people blame it on the war in Ukraine. Some people believe it’s a government conspiracy. To sort th
