What’s causing inflation in the U.S. and how we can get out of it

Gasoline prices in Los Angeles. Prices are in displayed in U.S. dollars for one gallon of gas.1/31/2022 Los Angeles, CA., USA(Photo by Ted Soqui/SIPA USA)No Use Germany.

Donald Kohn, senior fellow in Economic Studies at Brookings and a former vice chair of the Federal Reserve Board, joins David Dollar to explore a range of issues on inflation in the U.S., including how the COVID-19 pandemic and the macro response to it have contributed to inflation, the role of monetary and fiscal policy in addressing it, and how inflation affects trade and exchange rates. They end with some policy ideas for the Biden administration.

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Dollar & Sense is part of the Brookings Podcast Network.