Podcast with David Beckworth on the Pandemic, Inflation, and Interest Rates
A wide-ranging conversation for the audio-inclined
I hope everyone who observes had an enjoyable and restful Thanksgiving break. I am certainly thankful for all of you who read The Overshoot, and I’m especially thankful for those who subscribe. This publication would not be possible without you.
In other news, you’ve probably noticed that we’re now in the middle of prime gift-giving season.1 While some items on your list may be hard to get on short notice due to pandemic-related disruptions, I am happy to report that gift subscriptions to The Overshoot can still be delivered instantaneously anywhere in the world. Please consider it for your friends, family, colleagues, and anyone else who you think would enjoy access to premium economic analysis.
Shortly before the Thanksgiving break, I had the chance to record a conversation with David Beckworth about the economic impact of the pandemic, with a particular focus on inflation. You can read a transcript here. We also talked for a bit about interest rates, with a special focus on Australia’s yield target (RIP).
Readers interested in more details about what I was talking about, as well as visualizations, should check out these pieces:
—Paying the Covid Bill, October 19, 2021
—What’s Happening With the U.S. Economy? (with Cardiff Garcia), November 11, 2021
—The Case for Patience on Inflation, November 14, 2021
There is also the Mothers’ Day→Graduation→Fathers’ Day gift-giving season. Birthdays are distributed more or less evenly throughout the calendar year.
While other things have temporarily gotten in the way, I promise that Part 2, focusing on longer-term rates, is in the works.